If you look at SPY chart higher highs have flattened, with higher lows. The pattern seems similar to 2015, where it slowed down and flattened for 6 mths, then a fall and thereafter started rising from 2016. With so much good going on in this economy, I think-
- either market will base at this level, a breather.
- or it will be down 10% by end of November, post earnings and then breakout in 2020.
what do you think?
Submitted October 28, 2019 at 07:42PM by marckat https://ift.tt/2pUZSZj
