The market will fall beginning 11/3/2017, after AAPL releases earnings.
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The correction is coming very soon. If Friday 11/3 is a down day, then 11/6 Monday will very likely be a much bigger down day, maybe even a 2-3% crash day.
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You can just see the market is getting weaker and gold is creeping up...
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Haha the fall didn't come today but I firmly believe it will soon. Maybe next Wednesday or Thursday...
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When oil tops, the market will too...
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When oil tops, the market will too...
And oil will probably try one more time to break $57.60 in the next 1-2 days. If it fails again, expect a sharp drop...
@mattytb84, thanks. Mabye a Bitcoin crash could be the catalyst.
mattytb84
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@coolingla, Yeh could be. I'm watching for a correction down to 2500ish and create a bull trap rally back towards maybe 2550ish which we will then crash from. (Trump impeachment/Russia gate is my hunch) GL
IvanLabrie
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How/why would oil fall?
We might get a correction in SPX though, but not as severe as the Peter Schiffs and friends might think, it's just a too popular idea, and the 2 month timeframe trend is still active.
coolingla
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@IvanLabrie, The market is feeling the actual tightening (not too much though) of liquity by FED. Oil will be down/sideways for a few weeks to form a new mode, to prepare for another rise.