Good Morning Everyone!
The next minor pivot is scheduled for Dec. 8th. So for now the stock markets are only good for a day trade. On the 8th you trade a break out or a slight correction till Jan. 5th.
Jan. 5th is a scheduled pivot point as well as the 3 rd week in jan. 2012 but we are getting too far out at that point, one pivot point at a time.
To go long here TOOO MUCH RISK, short term, for a swing trade, a simple day trade could work depending on the set up. Look at the solid candle, usually but not always a top.
Pivot point summery December 8th, December 16th, January 5th, January 20th