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Bearish

My pivot to the upside is 116025. If we trade above that then the market should trade up to 119000. I am not convinced of this rally. I believe that we will be in a trading range for awhile bearing any news. That range should be 116025 down to 107350. I feel that we are at the top of the current trading range. I am trading small and from the short side. I cannot believe in a stock market when Gold is running the way it is. People do not want to be invested in this stock market. I do not blame them. This is for professionals only. That means that we should trade technically in a range. There is nothing I believe that will push this market above the highs of the year.

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