Tuesday, September 13, 2016

Quick Update

From the 9/10 weekend Report:
" Cycle bias is we decline into 9/12 Solar CIT Low, bounce for 1-2 days into 9/12-13H, then decline again into XXXX Some cycles suggests a sharp decline coming."

From last night's 9/12 email: 
"There are high odds we pullback tomorrow, at least 20+ SP’s or more"

Actual: We saw a 9/12 Low and High and today we are seeing the resumption of the downtrend.
Taking out yesterday's Low at 2119.12 SPX is an additional confirmation.

1 comment:

Paul Schultz said...

Do you think we still continue this downtrend now after it rebounded from today lows?