Outlook for Jan 11

Wow! The bull herd did an amazing job today moving SPX (the S&P 500) surpassing Oct 27 high, 1,292.66. So what next from here? If you read my Outlook for Dec 30, this is the point that trend change would occur. Based on the price actions recently, I don’t think trend change would occur here yet, but a pull back of some kind will have to occur. I’m holding short position overnight.

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