Thursday, December 29, 2016

M11 Market Outlooks...12.29.16

Coming up on the end of the week and a so far disappointing Santa Claus rally the M11 outllooks are mixed with the mean reversio paradigm the recent winner but now facing a 2 Day Alert stopped situation. The $60 Billion pension fund rebalance is still in progress and with tomorrow's volume expected to be particularly low the effect to the downside may be more obvious as program selling is set to commence 3 times during the session...EST. 9:35, 11:55 and 3:35.