Description
⋅ History rhymes.
Forecast consolidation zones through November in the DOW.
Bulls be patient. Bears stay out of the traps.
Comment
⋅ Tough market for either side.
Traps on both ends, very difficult trading environment.
Comment
⋅ Consolidation, one last fake move up & down, then a major breakout or breakdown.
All depends on US dollar confidence compared to the rest of the world.
Comment
⋅ Flight to safety in the dollar continues to support the US equity markets markets.