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Market Forecast 1/18 For Next Week

|Includes:SPDR S&P 500 Trust ETF (SPY)

From the high of yesterday to the low of today there appears to be a correction pattern that fits into a text book pattern. If the market goes down a tad from the close Friday and then does not go below the low on Friday, several more up days are likely to be next.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: SPY