Late Afternoon Rally Helps Markets Into The Green
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January 18, 2013 - 4:29pm
Closing Market Commentary For 01-18-2013
My proprietary indicators continue to show a negative market balance. Starts out positive in the morning and by the afternoon it turns negative as the SP500 rises higher. This action ALWAYS happens just before the market reverses itself. The bottom line here is to watch your butts.
Markets closed again with a new high being made and closing higher than yesterday. The rubber band is getting tighter an tighter – something has to give.
Read more »Original post blogged on b2evolution.
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