Short Term Trading Member Forum

[Blackbelt1]

Putting the pieces of the puzzle together:

* The FLDs are not lined up for a cascade down. Xlnt observation, Airedale.

* The bullish mood will be subdued from here on out if not broken.

* The 2.5-week low (now) will likely produce an observable rally even if only for a day or two.

* The January highs will not likely be broken before the next 5-week low (high-probability speculation).

* The market is now 2.5 weeks away from the next 5-week low (not likely to be major).

* The money that poured into the market in November will be ready to pull back out at the 10-week low. A frustrating sideways market will contribute to the pullback into that low.

* There's a possibility the market will trend lower into the 5-week low.

BB