Political stage set for trading opportunity

Fibonacci Forecaster Weekend Review & Preview

The good news is the hockey negotiations appear very close to resolution. Of course it took the threat of the players decertifying their union which would be a poison pill. What does this have to do with the stock market? Everything. It doesn’t matter if its hockey, Congress or tiddlywinks, people are people and tough negotiations follow a similar route. Never forget that markets are ruled by psychology. When people get their backs pushed to the ultimate wall, someone usually cracks and a deal gets done. It just depends on who cracks. I’ll be back with a full length column next week. Happy New Year.

etf, spx, fibonacci

About the Author
Jeff Greenblatt

Jeff Greenblatt is the author of Breakthrough Strategies For Predicting Any Market, editor of the Fibonacci Forecaster, director of Lucas Wave International, LLC. and a private trader for the past eight years.

Lucas Wave International (https://www.lucaswaveinternational.com) provides forecasts of financial markets via the Fibonacci Forecaster and other reports. The company provides coaching/seminars to teach traders around the world about this cutting edge methodology.

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