Well, the support level shown in my last post was defeated on Friday. We also closed ‘below’ old resistance so it looks like ‘polarity’ didn’t work here. All I’m trying to do is find the ‘bounce’ area as cycles suggest into end of January/early Feb.
So, here’s some targets on the NYSE Index that I’ll be targeting over the coming weeks ..
let me know if you have any questions.
PS – got out in the water today. The swells have been PUMPING of late in SoCal. Good clean living folks, good clean living.