After a sharp drop on Monday, the market hit a low Tuesday at 10am, right on a Lunar/ Uranus conjunction and spent the rest of the day sleeping regardless of the Bernanke speach.
Whats in store for tomorrow?
WE are within the Bradley orb plus or minus one day, so a LOW could occur on the 29th.
Stan Harley discovered a 259 bar rythmic cycle, and tomorrow at 2:30 pm hits 180 bars within that cycle. MY own observations indicate that point could turn in a low for this week.
End of month buying should take over on Thurs and Friday
However, Monday, Dec 4th holds out for another dip.
That should complete a minor correction.
I dont think the TREND has changed to DOWN quite yet, and there may be higher levels coming by mid Dec.
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