Today we look at the trading day, as we got exactly the action we expected, a move to 107.30 on the SPY. We also look at the longer picture on the monthly charts, and explain why the month of January was the most bearish month since February of last year. We also look at other stocks like GLD, FCX, and BPI where we expect a bounce. We expect the month of February to have more downside, but in the short term monday-tuesday should be up.
Duration : 0:5:1
[youtube cHzEDce1gtY]