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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.34+0.2%Nov 3 4:00 PM EST

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To: yard_man who wrote (174125)5/17/2022 7:32:51 AM
From: GROUND ZERO™  Read Replies (2) of 218359
 
We have some retail sales number coming out this morning...

Here's my wild guess...

Those numbers will be bad, these markets will back down, and then during regular trading hours these markets will again move higher and make new highs for the day and finish strong...

IF this happens, big if, then this will very likely the bottom...

One of my four main Rules:

1. When markets rally on bad news, then that's a sure sign the bottom has already been made...

So, now we wait and see what those numbers are this morning...

GZ
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