Time to Buy Stocks?
Russell long term above. Zoomed below. Testing strong support. GDP at 8:30am et tomorrow. I’m betting it’s good and that the stock market atleast rallies good tomorrow. Then maybe falls back until election as people are nervous the Dems will take the house and maybe senate. Then when the Republicans shock the world like in 2016 and gain a ton of house and senate seats the stock markets will resume their major rise.
Dow above. 4 point continuation pattern? With this big of a move up a big continuation pattern had to form.
Below on the S&P is major support that was just hit and held. I didn’t show it last time I posted because I didn’t think stocks would drop so far! They did and hit this line perfectly. 4 point continuation here too?
See big drops tomorrow, and I probably sell… missed out on the sell early in this move 🙁 but did add yesterday.
“See big drops tomorrow” ??
New lows coming, probably.
No need to wait for tomorrow. See AH.
Amazon and Goog both smoked.
Capitulation? I think it will be. Know a lot tomorrow with GDP.
Shall see, I have a decent date of interest hitting tomorrow in gdx. If red is the plan it wouldn’t surprise me to see gold run into 11/5.
Doubt it – see my previous posts.
https://goldtadise.com/?p=429827
https://goldtadise.com/?p=430446