Stock Markets

Dead Cat Bounce for Stocks?

The business cycle model shows chance today’s 300-point pop in the Dow is an intra-month trend low. Larger more important trends are likely neutral to down into a low due next month. Will that low relate to elections and/or a meeting of China/US. Next support for the SP500 may be around 2718 versus current 2768.


Leave a reply

Your email address will not be published. Required fields are marked *