Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 681.44

+1.6%

Nov 10 4:00 PM EST

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Mevis

To: Mevis who wrote (179763)	9/28/2022 8:33:25 PM
From: GROUND ZERO™	1 Recommendation Read Replies (1) of 218674

I think so, too... And maybe even longer than that... Great Britain is again easing instead of tightening, so the FED will now be under pressure to back off... Look at the major outside key reversal day today for just about every market, even in gold and the bonds, the dollar is backing down, and then I think after a good rally these current lows will be tested and hold very possibly before an even stronger rally begins into year's end... Look at the near term momentum and the cycle finders, both are in deeply oversold territory and have turned upward nicely... If I had to guess, I would guess we're going to rally more than one or two days... That's how I'm playing it, but of course, maybe the market has other ideas... Hmmm... we'll see... GZ

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