We got the bounce suspected at yesterday;s close on the M3 site and are now looking for confirmation of a possible new bullish trend. Recent lows do tend to get revisited so we are now in cash to avoid that potential trap door (see below). Volume was not confirming today.
For non-M3 subscribers here's a link to the new Mosaic format (Monday's post) and an update sample.
M3 rates are going up to $50/ month as of Jan 15th,
NAAIM members will be able to subscribe at the current $30/month rate.