Sunday, June 30, 2013

06/30/13: Holding short - 1580 then 1635

As we open July 1, I am looking for a dip into 7/2 to 1580  and then a rally into July 8th to 1635.

I'm basing this information on the cycle timing windows.  We just went into a high on the 28th so the next two days I'm looking lower into the July 2nd timing window.

However we have a new moon coming 7/7.  Typically markets have rallied two days before the new moon so I don't see any reason why we won't rally after the low on the 2nd.

Stay nimble, short term trades only.

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