Short Term Update

The following was posted on October 9,2015
Today's comments are in Blue

Short term details:(every date is +/-)

On Wednesday Oct 7, 2015 there was a Zweig Breadth Thrust.  To review that post go to this link    stks.co/g3Efy
During a thrust some indicators may become OB and stay there until the momentum starts to fade.  We "may" be in that environment.  This is what happened.

Oct 11-13 low, with some importance on Oct 12th   Oct 12th was important, the DJIA had a closing high on Oct 12th.   All dates are +/- and the Oct 11-13 projected low came on Oct 14th.   

 

The Oct 12,2015 date still comes up as a date to watch, so, it "may" be a high instead of a low as first thought.  Oct 12th did end up being a closing high for the DJIA.

 
Oct 15-17 & Oct 18 possible volatility  Yes, Oct 14th was down big and Oct 15th was up big.  

 
Oct 26 high   In the posting made earlier on Oct 22nd the Oct 26 high was changed to Oct 23rd to Oct 26th+/-.  

 

Oct 30th low

Nov 2nd high

Nov 4-6 some kind of consolidation or a bias up into Nov 6

Nov 9th low

Nov 12th high

Nov 17th low

 

More as we get through some of these dates...

 

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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