Market Report 1/22/16/stop 16,000, gain(), CG(3666), 11/20/15

Sharp USD/CHF related rally, 5 out 7 stochastics exploding on the upside, $DJI futures +218, trailing cover short stop triggered at 16,000, closing gain(310), 5 out 7 DJI partial stochastics down, Support 15,370, 15,500, Resistance 16,800, 17450. Early signs of attempt for an intermediate bottom, re-test of lows possible, the booming gains of Trump making Establishment fat cat nervous, in case of primary wins there may be another wave of selling, so far global markets have lost 7+ trillions in value, one more bump and fear it will start showing in the economic decisions.Watch the stop at 16,000............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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