Hello All,
Here’s an early week update because it’s warranted.  We think that a rally attempt could be afoot with just a little more bullish push…
And here’s why…

The Gang didn’t let the market drop all the way down for a full retest (yet?), but they did fill the GAP we had our eye on last week as volatility picked up as we suspected:

As we’ve noted many times, they like to push stock prices higher in front of American holidays and we have a big one just days away.  We’re certain that they’d like to be able to crow a little here and there that November was much better than October so the annual “Santa Claus” rally attempt can be made.  We’ve simply seen this act too many times to not at least be mentally prepped for it.  So stay prepared for a possible rally attempt here and if it fails, we’ll keep an eye out just in case Thursday’s low gives way and that the retest may finally develop.

More when warranted!

Thanks,

Wayne