1/5/12 Stock Market Update

A few weeks ago on Dec 11th, we highlighted on our blog the likelihood the market would push to test the highs of 12/5-7 with a possibility of breaking above to trap more longs. We are now here with negative divergences all around. With Bullish sentiment indicators higher than those put in November and a projected oversold phase low condition next week. Its almost a perfect storm and set up like the final stages of a Janga game. Its your turn now market!