YES, I'M CALLING JANUARY 20th the LOW for January 2016 at 1804 on the ES min and 1812 on the cash index
MY 13day cycle (first discovered on Nov20th,2008)
hit 38%/13day @ 11;59 within 20 minutes of the actual PIVOT low.
since that pivot low did break under the Oct2104 low of spx 1820, then we expect the bear market to get worse
as time moves on in 2016
BUT FOR NOW
EXPECT the mkt to NOW trend higher into FEB where we have MARKED the NEXT BIGGER decline sometime during FEB- When ?? you ask. good question- to find out- YOU KNOW WHAT YOU HAVE TO DO !!!
Be Aware & Get Ready to Trade