Abigail Doolittle @TheChartress 11h11 hours ago Caught up w/ @JKrinskyMKM on small shift in view. He's been bullish but now sees February Pullback of 4-5% ... says it's 'likely buyable' 2. CBOE Market Summary for Monday, January 30, 2017 Total Put/Call Ratio 1.10
Abigail Doolittle @TheChartress 1h1 hour ago Here's that potential Dbl Top in $TRAN that may bode bearishly for the Dow. Thoughts?
Although I agree with the potential double top - which requires a closing of 3% below the reaction low at around 9000. There is a bigger potential 2T - see chart. The last time a 2T on the transports confirmed the Dow had just hit a new all time high (2015) - from that point it plunged nearly 3,000 points.
OtterWood Capital @OtterWoodCapM Market Often Drops In February Under Presidents First Term http://www.otterwoodcapital.com/blog/market-often-drops-in-february-under-presidents-first-term/…