Near term Market forecast is down


The Dow

DJIND-W 11-13-2015

The Dow is pulling back on schedule. We do not see a breakout to the upside. This should tread water for a bit waiting for everything to align. A closing today below 17785 will signal that this is not ready to breakout and a retest of support is likely. Key support lies down at 16500.

DJFOR-W 11-13-2015

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