Sive Morten
Special Consultant to the FPA
- Messages
- 18,559
..."Situation on NASDAQ and weekly S&P does not exclude possibility of horrible plunge to 1100 by S&P." ... Apparently not before the elections in the USA or even only earlier next year? Thanks
Not in the short-term, of cause, and almost 100% not before elections (that never happened previously, hardly will happen in this year). As on Gold as on shares, that is mostly long-term thoughts. It is not necessarily has to happen and will happen, it's just a current technical picture does not excude this totally. A lot of halftones in price action hints on possible existence of bearishness.