A lot of people are out there saying the Dow is about to make a big move one way or the other, based on the current compression. I contend there is sufficient evidence to think it will go in the general direction of down.
Way overbought on the UO, and actually this is a sell signal on the weekly chart. I probably won't do anything myself until Tuesday because weekends scare me.
After the week of 1/02 was a high, this week finished down and is not a turning point week.
Other stuff I don't have time to do properly, last quarter was a big turning point quarter, so that might be significant.
The next major turning point month is Febuary.
All of this is based on my opinions only!
In today's video 1/17/17, Scammarino said "in my professional opinion...", so what profession is that?
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