January 7th

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Weekend Review January 5th

This week we saw some acceleration in some areas and some choppiness in other areas of the markets, so I think that this Big Picture Weekend Report can help to clarify things as we come out of a somewhat choppy week.  Lets take a look...

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SPX DAILY - I am seeing what looks to be some topping action on the daily charts, so we may continue to see some choppiness and then a dip into a dcl.   The 13 sma stop would still have you long though.  Since this also looks to be a R.T. Daily cycle,  we should see a higher low, maybe just a chop down to back test the 50sma.

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January 3rd – Friday

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