Dow Going Into Inauguration

 

DJIND-W 1-19-2017

The intraday high was established on January 6th in the Dow at 19.999.63. We elected a Daily Bearish Reversal the very next day, which warned that we are moving lower in a cautionary move leading into the inauguration. 

DJIND-D FOR 1-17-2017

It is interesting how the computer has picked up the 20th as an important date from the cycles rather than fundamentals.

DJIND-M FOR 1-19-2017

We still see February as a Directional Change and volatility should rise into the April/May time frame overall in many markets.

Disclosure: None.

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