Stock Market Still Vulnerable for a Pull Back
Stock-Markets / Stock Market 2017 Jan 24, 2017 - 03:15 PM GMTWe are in TD 52 of the ten week cycle low due 50 TD’s 7.5 TD’s. The smaller 8/16 TD low is due ideally on January 25th, but could extend into January 27/31. The 27th has Venus squaring Saturn, which usually means a reversal bottom 2 TD’s. The new moon is due on the 28th.
The intermediate term still looks positive to me and should continue into the summer. There should be a period of weakness in Feb-Mar 2017, but overall, I doubt it will amount to much.
Our subs are playing volatility right now with the expected sudden drop. We’ll see. Tough range bound market!
Brad Gudgeon
Editor of The BluStar Market Timer
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