Wednesday, January 14, 2015

Zone Buy Higher

Quite amazing daily minor low today -- trade of the day.  This sets the stage for buyers to take control.

Nothing that I have seen so far over this year indicates a total market breakdown.

We were wrong in our assessment yesterday that buyers would take control. BUT, selling today was so utterly low confidence right into the daily zone, and a vicious buying ensued at 11:00.

We think higher from here.  If not the market could actually be toast.






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