Looking For Wednesday Follow Through

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Let's get right to yesterdays action...

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January 23rd – Still Waiting

SPX   - I believe this is day 44 of this daily cycle. It looked like a bull flag going into the weekend, and it did break upward, but it is late in that daily cycle.  I  would expect a small pull back soon. These are very bullish markets.

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JAN 20 Weekend Report

We have a Big weekend report, dealing with the BIG PICTURE, so let's get right into it...

 

SPX - This is usually a topping candle, a 'spinning top' on the weekly. The markets have been very strong, so a pull back would be normal. We'll see how this plays out next week in our daily reports.

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