As predicted mid-summer in my previous S&P analysis (linked below under related ideas), the US elections may have created a state of temporary panic within the US markets. Confidence being a large driver of any economic market (as seen in the Brazilian markets upon the anticipation of a capitalist president being elected), this temporary state of political...
The Dow Jones is beginning to make a strong case for entering a phase of distribution. As the DJ:DJI is essentially an index of the American Economy, this will be a trading range that I am particularly interested in and will continue to watch over the coming months.
It's difficult to time moves when it comes to Technical Analysis. Targets/Levels are easy to do,...
