3 Strikes
In a downward channel, there's been 3 solid attempts to break pattern. A market reaction to a stronger Democratic result will test a low again, then there could be a Santa Claus rally as, perhaps, prices come down to offload inventory? Perhaps.
Then at the beginning of the year,which have started poorly the last few years, could follow suit as well. This would give the markets the "cleansing" it needs to, in my opinion, psychologically push back up. Balance sheets and true growth will matter again, so that will be nice.
Then at the beginning of the year,which have started poorly the last few years, could follow suit as well. This would give the markets the "cleansing" it needs to, in my opinion, psychologically push back up. Balance sheets and true growth will matter again, so that will be nice.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.