Monday, October 13, 2014

Short Term Comments

On Oct 1st the Short Term Forecast was:

UPDATED FORECAST - Forecast Trend Change Dates are (+/-)
1) Oct 2nd +/-
2) Oct 9th +/-
3) Oct 17th +/-

The intraday SPY chart had a bottom on Oct 2nd. 
It then rallied into Oct 6th.  
Then it pulled back into Oct 8th and stopped at the Oct 2nd price level low.
From the Oct 8th bottom it rallied into the Oct 9th forecast date and topped at the Oct 6th price level.
From Oct 9th the market started a dramatic down trend and could potentially turn again on or about the next short term forecast date of Oct 17th +/-.


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This has been posted for Educational Purposes Only.   Do your own work and consult with Professionals before making any investment decisions. 
Past performance is not indicative of future results

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