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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.31+0.6%Nov 7 4:00 PM EST

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Cogito Ergo Sum
Haim R. Branisteanu
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To: carranza2 who wrote (162175)9/5/2020 5:47:38 AM
From: TobagoJack3 Recommendations  Read Replies (1) of 217629
 
Sir Marty speaks his mind

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So far so good. The target wee of August 31st appears to be shaping up as expected right down to the ideal day of September 3rd. We still see the market declining into October and a close today below 28039 level on the Dow will tend to confirm we should expect to see a further decline over the next two weeks. The major support basis the Dow will be 22750 and a monthly closing below that level would still warn that we may yet see new lows, but they could even extend into 2022. Our initial support will be found at 26600. That is the area that must hold on a monthly closing basis or we will see a further decline ahead.

We are preparing the World Share Market Outlook given that COVID-19 has changed the course of markets and history.

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