Outlook for Jan 17

Jan 12 and Jan 13 happened as I expected in my Outlook for Jan 12. Higher high was created on Jan 12; and pull back happened on Jan 13. US markets are closed on Jan 16. On Jan 17 I expect the pull back to resume. If the S&P 500 could open with gap up, it will create a quadruple top and fail.

I’m holding a pilot short position over the weekend.

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