Good afternoon Traders,
 
Holiday trade is always a little boring.  And writing about it every day is even more boring!  So today we’ll give you
our view on the market from this morning’s Daily Stock Barometer – which has been in publication over 10 years!  Not too bad when you
think of all the newsletters that have come and gone…
 
Bu if you find yourself with a little extra time on your hands taking all that leftover vacation time so you don’t lose it, I
suggest taking a trial to any of Ian Mitchell’s trading services – covering Stocks, Forex or Futures.  When you subscribe, you’ll also get added to
Ian Mitchell’s Successful Trader – educational series which includes the following:
 
  • Stock Trading Manual
  • Getting Started in Forex
  • Forex Trading Manual
  • Getting Started in Futures
  • Futures Trading Manual
 
The Manuals teach you how to follow along with his trading services.  The “Getting Started” in Futures and
Forex will instruct you how to get into trading those markets. 
 
How do you get access to all these documents?
 
 
How do you get your first 4 weeks for only $1?
 
USE DISCOUNT CODE IMS1 when signing up.
 
Here’s this morning’s Daily Stock Barometer:
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Holiday Trade12/23/2014 8:00:36 AM
 
Good morning Traders,
 
Given the time of year, I don’t expect much movement in price action.  What I do expect is the market to
create some inefficient action – underlying price action are internals and sentiment that could get out of alignment with price action.  This
inefficiency will likely resolve as we enter 2015.  At least that’s what we’ve been calling for in our
forecast…
 
2014 forecast
 
I don’t like showing the above without showing it’s inverted counterpart:
 
forecast
 
When a reversal approaches, we look to these dates for a counter move.  Then we combine them with the signals from
our other cycles (i.e. the 20 week cycle low due 10/1.) 
On other extremes:
 
breadth
 
We monitor two time frames because x% of reversals in the time frames we trade fall into these time frames, which may
differ for every indicator.
On indicator trends:
 
nasdaq cumulative breadth
 
In this view of sentiment, we do see individuals pushing back into the market here.  This normally happens around
tops – though we’re no where near at an extreme.
 
sentiment
 
More on sentiment:
 
sentiment
 
On a cautious note, this indicator is still below zero, which means our crash call is still on through year
end…
 
McLellan Oscillator
 
What could derail our call for a year end top?  If we see weaker action come in before year end.  Or if
bonds start dropping more.  Both could bring fuel and liquidity into the market and push us up to a March or April high.  But the odds of
that are lower at this point.
 
Regards,
 
 
———————————————————–
 
Again, if you want to take advantage of the $1 trial of Ian Mitchel’s Stock Trader and free offer guides – take your trial now and by the
new year, you’ll be considering trading forex and futures.
 
 
How do you get your first 4 weeks for only $1?
 
USE DISCOUNT CODE IMS1 when signing up.
 
Regards,
 
Carl Adams, Publisher
www.stockbarometer.com
 
PS –   CLICK HERE TO SIGN UP  and don’t forget to USE DISCOUNT CODE IMS1
when signing up to get your $1 trial and 5 trading guides.