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Long Term Bearish Scenario Now Primary

Posted on the 09 December 2014 by Souljester @souljester618
I have been tracking a bearish analog for the past few weeks, but ignoring it and remaining bullish. Today, a long term trend indicator flipped bearish. There are still two indicators I need to see roll over to confirm that bearish flip.  

But, as it flipped at the December 10 cycle date, I am tentatively moving the bearish long term scenario to primary. The targets, cycle low, and conditions necessary for returning to the bullish scenario are listed on the chart: Long Term Bearish Scenario Now Primary I would not be surprised if the market fixed the conditions that caused this switch in primary scenario. However, until it does, I am following the long term bearish scenario. I do not know the future. I can only follow what the charts are presently saying. My posting time is limited during the holidays (why I moved the blog to private during Thanksgiving) and I do not know how much time I will have to update until the New Year.   There is always a bull path and a bear path. We cannot know which path our future will choose. As always, do your own due diligence, read the Disclaimer, and make your own investment decisions.

Peace, Om, SoulJester

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