Monday, November 7, 2016

Naughty Or Nice?

First, today's short-covering rally in perspective...

Up volume / down volume:




As I said last week, expect rallies to be short and sharp. Today's opening gap up was one of the largest in the past ten years...


Oil is already rolling over, and the chart of the day is this one...

Oil with Canadian dollar:


In an old age home, NOTHING changes...