INDEX UPDATE
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The NAZ is a CLASS 2 BUY and and many of the various NAZ indexes(CWX,YTK,EGI,XCI) are also CLASS Buys for tomorrow.
Tomorrow the NAZ should pop up a bit, even if it is only intraday and hopefully the DOW will also be pushed up.
However, I am still noticing that this pullback is not over, and will continue next week.
I am not seeing a powerful correction, unless some dramatically bad news comes out, and I see 8750 as the first main support for the DOW still.
I saw that the futures are up, however I first indicated a possible pop tomorrow during trading hours, and once my charts were updated tonight, such substantiated that belief.
If tomorrow does pop up it should be used to establish puts again. Buy PUTs on the POP.
Seeya |
