Market Report 12/31/15/csts 17570, gain(135)


DJI futures -176, 6 out of 7 partial stochastics are negative, possible on down gap opening on Monday, then a weak bounce, next support at 17179, 16900, 15,300, sell trailing  stop triggered at 17600, gain 200 DJI points, short position established at 17570, gain 135 paper points. Drop to 16900 will complete the 3 declining tops, the third consisting of two decaying waves, the Fibonacci sequence not clearly defined yet. Fundamentally, the USD/CHF made a bottom, 3rd buy signal in days, Resistance 1.04, Support 0.0798, rates to pressure multinationals, no sign of panic yet, eyes still fully shining with devotion and confidence in the green pastures of Obama, Yellen, Buffett & Co economics of borrowed money. Possible fight within GOP may elected Comrade Sanders instead of the daily bombarded Hillary by the Trump's Luftwaffe. Have a happy and prosperous new year and hedge yourself from the most dangerous crowd of clowns in American history, Trump excluded..................Disclaimer: Investing in the stock market involves risk of loss. The market commentary provided by bibi1581.blogspot.com is for entertainment purpose only, and it is not to be construed as suggestion or investment advice to buy or sell securities. Always consult a registered investment professional or broker before committing money to any stock or option instrument. Bibi1581.blogspot.com is not responsible for any direct or consequential losses incurred in violation of this disclaimer. Read all SEC rules and regulations before making investment decisions.

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