Monday, October 17, 2022

Failed Signal Breakdown

The reversal off the lows on the epic Thursday spike has set in motion a strong bear rally. I believe this will continue a bit. Its similar to the failed signal in 2008. The only way to know if it follows through for a long-term low is to see what the FED does. There is actually another big trap reversal today as the reversal red day is now getting wiped out.

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