Anything is possible
The market are at an important juncture! Very dangerous.
This week it’s very important in my view. Markets did all times highs in the
end of September and that is very bullish but the market turned back in October(not
a good sign) I thought perhaps it was the election in US. Now we have passed the election. We need a gap down today
and a reversal. That would nail it.
My central scenario is still a year end rally (good
time for that) and a run pass the all times highs very soon. the weekly graphs are looking good.
but
absence to rally+time+USD getting strong = ummmmmmmm
I never seen a top done when so many people are
afraid. But don’t forget anything is possible in the markets.
we had a violent correction in October we should rally strongly from a correction like this. This is what i expect.
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