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Today The Charts Do The Talking
Markets did nothing much yesterday; still consolidating after a big run-up prior to Thanksgiving and no particular catalysts to moon or to commit acts of self-harm. Today we just post updated charts as we have nothing particularly interesting to say about a not particularly interesting day! (This will, inevitably, age badly).
Each of the indices are closing in on what looks to me to be local Wave 5 termination zones. So speaking personally I am preparing to hedge the long positions; carefully, because there is a chance that the ceaseless grind upwards continues. As always, paying subscribers will get Trade Disclosure Alerts on a real-time basis before any such short positions are entered into.
Last 3 Days Of Current Low Prices
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Note - to open full-page versions of these charts, just click on the chart headings, which are hyperlinks.