Tuesday, December 24, 2013

Merry Christmas

The market did not top on a W3 as I was expecting but decided to continue to rally so we'll see if the market takes a break on Thursday. The daily MACD has gone positive so we might see bullishness carry into the new year before any significant correction.  On a different note I was finally able to enroll for healthcare last night so I can have a peaceful holiday.

Merry Christmas!

Short Term Trend = Bullish
Medium Term Trend = Bullish
Long Term Trend = Bullish

* Trends are not trade signals. Trends are posted for situational awareness only and does not take into account wave counts, technical or fundamental conditions of the market. While mechanically trading the posted trends is feasible, keep in mind that these are lagging indicators and as such are prone to whipsaws and I personally do not use nor recommend them to initiate or close positions in the market without taking into consideration other factors. 

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