Tuesday, January 15, 2013


The market has decided to take a break these past few days. Not much action in either direction has led to a uneventful year.

The MTT has stayed green but only by a hair. I was hoping for a quick burst higher to start the week but we didn't get it. It now feels like we are about to hit a turning point and head lower.

Anything but a positive day will turn the MTT negative. I'll be looking to exit my position during the day. We're probably looking at a 3 - 5 day downturn to start. That will lead us into the weekend.

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