Market Timing -Whats Next !! a VISUAL report

OF WHAT WE EXPECT OVER THE NEXT FEW DAYS

THE ARMS INDEX DATA gave us a SELL SIGNAL on Tuesday

The PC ratios gave a SELL SIGNAL on Tuesday

 SINCE the HIGH occurred on the 12th we should now expect a pivot low to occur early next week.
Not only is next week option expiration, its also the week b4 Xmas and a rally into the 24th can be anticipated.

IS There STILL HOPE to avoid a  FISCAL CLIFF?? IT certainly does NOT LOOK LIKE IT !!
Nobody wants to give an inch. Maybe they shouldn't or just maybe there's no motivation to do so.
I noted before that a STRONG SELL OFF would PUT A SPARK under those negotiations, but
the 12th and new moon did NOTHING to provide a new start-thus same old same old.
thus
without a resolution prior to Jan 1st, we can expect anxiety to turn into panic the first week of Jan 2013. THERE is also a cluster of strong NEG ENERGY that week, which has the same effect.

 

 stay tuned for further updates
Jay