Wednesday, January 16, 2013

Rinse and repeat

S&P almost a carbon copy of yesterday

This morning I tweeted (@RumWave) that the market was set up to open lower and then move higher.. it did just that.  For day traders, this was a great looking setup.  I wasn't able to play in the game because I was flying the first half of the day.

The daily scores below are starting to turn over a bit, but there is still a massive divergence between the RumWave chart and the major markets.


I still think it will snap down a solid 1% to 1.5%, only a question of when..

GOOD LUCK TOMORROW!

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