Today’s pre-market forecast and mid-week review. Wild, wild action in the market as we anticipated. Market looking for bottom….next stop 200 sma on the Daily…….
- Market trying to bounce back after positive GDP report. Will it last?
- Elections and COVID news creating fear and uncertainty in the markets.
- A more defined market compression and key support/resistance levels have developed…..
- Market finds bottom at the 20/50 averages on the daily. Expecting some more upside movement today.
- Mixed and uncertain markets seem to be the norm as we are less than 3 weeks before election.
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