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    Posted December 31, 2014 by
    ronjaenisch

    More from ronjaenisch

    Another Severe Down Move in January Likely

     

    Yesterday, the new Advanced Andrews Pitchfork Indicator forecasted a down move for the next 4 days as well as the market moving to the red major median line.

     

    At this time the Babson Reaction line is also in consideration. This is because the main Babson line has been providing resistance at the high.

     

    This suggests a down move that will attempt to break the lows in October, but may only reach the 1920 area.

     

    Last year in January, the down move was severe and gave investors a great buying opportunity.

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