Wednesday, December 24, 2014

Update 12-23-14

10-23-14 Market closed.
PRO's-I see no reason yet not to be bullish. All MA are on buy's. We remain above middle pitchfork so strong market.

CON's WE are at a minimal wave 5. Keeping the support at 2035 incase of a fat finger trade. Will move it up soon when we see how weak the first down day will be. NAS and Rut were weak today. New highs are where trouble can start.