SHORT-TERM: NOT SO BRIGHT
The bigger picture, maintain what I said in 11/25 Market Outlook, short-term, could see a sharp rebound (which is indeed), but at least the 11/25 lows will be revisited eventually. [Read the Rest]
...SHORT-TERM: WHATEVER UP TOMORROW MIGHT BE ERASED THE DAY AFTER TOMORROW
Maintain the forecast that a top of some kind is close. [Read the Rest]
...SHORT-TERM: THE LOW COULD BE IN BUT MAY SEE A FEW DAYS OF BACK AND FORTH FIRST
Very strange day today, on one hand, I have enough reliable evidences arguing it won’t be pleasant in the following several days after a later day rally like today, on the other hand, chart pattern as well as enough reliable evidences are arguing that the the low was in. [Read the Rest]
...SHORT-TERM: COULD SEE MORE REBOUND BUT MORE LIKELY THE LOW WASN’T IN YET
Maintain the forecast made on 09/23 Market Outlook, could see more rebound (15% chances, see back test below) but more likely lower low ahead. [Read the Rest]
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