Wednesday, 23 September 2015

3pm update - weak chop into the close

US equity indexes are set for minor chop into the close... leaning on the weak side. Broadly, it has been a nothing day... as the market is still battling it out. The bigger weekly/monthly cycles are clear though... about where we are headed.




*the smaller 15/60min cycles are arguably on the high cycle.. and due another sig' down wave.. starting tomorrow.. and perhaps lasting into the Friday close.

A particularly frustrating day...  and barring a surprise apocalypse before the close....   I will return at the close.

*I remain holding a quartet of short-market positions... and will likely hold across tomorrow.. and into late Friday.