Market was able to stabilize here today after quite a volatile session.
Short Term Model continues to deteriorate, but at a lessening clip. Model sits at
Negative 7.5 and continues to call for lower prices.
I still look for the short term decline to move a bit lower as talked about before.
Looking for a low to come in on the Friday/Monday Time frame in the 1405-1400 level in the S&P 500.
USU put together a rally today back to short term resistance. I am still looking for the stock to break lower, but I will only use this pullback for additions to the position.
CHCI continues to move lower from the open and does not allow an entry point, but that is a blessing in disguise!!! No sense in giving the brokerage firms any additional commissions. : )
The Third Educational Module has been Posted, take a look.
Have a Great Evening
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