Wed Forecast

I see more sideways chop/confusion in the markets. There was just a bad jobs report, China might be looking at another drop even with gov. controls, and Greece's newly opened stock market is a mess. Im just going to post yesterdays chart with my forecast as what I predicted yesterday pretty much happened today...chop, up a bit, then down, kinda sideways.

Nothing of note tomorrow, things in the market are looking around. The Oil crash is also dragging things down, with oil crashing due to reports of weak manufacturing numbers in both China and the US. This, by the way is also a foreshadow to a market crash. There is weak manufacturing numbers because there is less demand for products because people are reflexively holding on to their cash and not spending. All of this adds up to a set of dominoes that are crashing into each other.
Don't buy or sell tomorrow, instead watch and wait.

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