Stock market time windows, political turmoil converge

Fibonacci Forecaster

Bigger picture, we could still see at least one more high somewhere in the stock market because these are huge cycle points, having developed over weeks and months. The trend is still your friend until proven otherwise. It’s tough to bet against the bull but we haven’t seen enough of the bear to have any confidence in it. That could change at any time. Follow the charts that are at inflection to start the week and the rest ought to take care of itself. Coming out of period that was characterized by its instability one shouldn’t rush in and make a statement. Let the market come to you and take it one day at a time right now. Even for traders operating in the unsteady environment of the usual uncertainty, this market has more questions than answers.

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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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