MY IDEA FOR THE LAST 3 DAYS OF OCTOBER
I see the same pattern playing out as I see in the last few days in September. If that happens, then this will play out:
We then went from 43k to 40k. (-7%).
We are now down from 63k to 58k (-7.5%)
Then we saw a bounce up in September. (from around 4%).
If that happens now, we'll see 60,500. (still 2% to go)
Then in September we saw a bounce back from 42.5 to 40k. (-4%)
That would now be a retest of the 58k level. (from 60500, about 4%)
And then up to 43k (6% up)
And that would now be back to 63k (7.5% up)
We then went from 43k to 40k. (-7%).
We are now down from 63k to 58k (-7.5%)
Then we saw a bounce up in September. (from around 4%).
If that happens now, we'll see 60,500. (still 2% to go)
Then in September we saw a bounce back from 42.5 to 40k. (-4%)
That would now be a retest of the 58k level. (from 60500, about 4%)
And then up to 43k (6% up)
And that would now be back to 63k (7.5% up)
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