Friday, January 13, 2017

2017 BULL

As the inauguration creeps closer the overall market remains very Bullish. I believe the Financials will prove that soon with their Earnings...

$SPY Daily Renko: (Please mouse click on Chart to enlarge)









Overbought I can hear it already. SPY can remain over embedded "Overbought" and continue to rise.

$QQQ:









Recent Rounded Base (Cup) ans broke above the Pivot to the left. Very Bullish.

$IWM:









Long and strong here. 

Looking at all three Market indicators SPY, QQQ & IWM all are on Renko Buy or Bullish Signals. No need here to try and swim against the "tide". Once Renko reversal signals begin to set up. They will be posted here.

Happy Friday the 13th.

Cheers.


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