30,000 ft view of the scores since I started tracking them:
The DJIA daily chart below shows some pretty high oscillator values in the lower graphs:
The DJIA 4 hr chart below is zoomed in to the "fiscal cliff rally." I've highlighted (in yellow) the "twisted ribbon" appearance of the Heikin Ashi candles that I sometimes talk about. I like it because it shows that the upward momentum is drying up. On moves like this we often see some red candles pretty quickly, which would indicate a change in trend. A green candle outside of the top yellow line would usually indicate that the next impulse will be to the up side.
The bottom line is that I am setting up a trade trigger to buy a DIA Put option on Monday IF we move lower. THIS IS A GAMBLE, not a RumWave sell signal. There may be another attempt by the market to move higher, but I find it to be the path of more resistance.
TSP: G fund
401k / IRA : Low risk assets
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GOOD LUCK NEXT WEEK!