Markets have defied the best indicators and best fundamental analysis I have ever found, the most
likely scenario is that they will complete a second leg down projecting:
SP500 at 550
Nasdaq at 1000
Hi vergis92.
For what you say i must toatally agree, there apears no support here with a big grizzely bear.
Most have similar views, this is a good enough reason to start buying this large style.
Good luck and watch out for sudden movements ......
Hi vergis92.
For what you say i must toatally agree, there apears no support here with a big grizzely bear.
Most have similar views, this is a good enough reason to start buying this large style.
Good luck and watch out for sudden movements ......
market symetry happens often in forex and stock markets, one leg down, consolidation
then another leg down which tends to mirror the first one, by measuring the first leg
length and subtracting it from the consolidation level you can get an idea about the lows
they are expecting,
Indeed there could be more lows to come M8.Your analysis is spot on with TA.
We must remember its a week untill the end of november.
Cant see it for the next 3-5 trading days though.
Nice to hear your thoughts, keep posting.
