Santa came early to town but hasn't reached the chimney top yet

20 Nov 2014

Several patterns and indicators on this chart tells me that the top of the monstrous move from the 1820ish swing low hasn't been meet ..... yet.
Rudolph still have some strength left to bring Santa all the way to the chimney top at around 2073ish where his nose will turn ...red.
I see the following patterns:
A green Gartley 5.0 pattern
A yellow Andrew pitchfork
A fib extension at 1.272 from 2019 swing high to 1820 swing low
On the indicator side I see the following:
A Trix / Fisher system (nmike & JR system) almost ready to role over... but not quit yet
A macd about to cross over and a histogram on 0.41 ....almost there...but not yet.
A Woodies CCI that's still green and still above +100

I'm neutral and in cash right now.
Time will tell.... as always
Safe trading ladies and gents and a merry christmas for all traders out there!

BLawrenceM

Music at work:
youtube.com/watch?v=1xOe4GRyebo