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Today is almost exactly one year from the interim bottom in US equities -- lessons learned
If you're a trader who only believes in seasonals then today is the day to buy stocks. There's a dip and September is finishing on a weak note. Of course it looks bad right now but that's how it always looks when sentiment is bad.As a reminder, you only need to go back a year when the market initially bottomed on September 30. It later retested that in the second week of October, broke lower on an intraday basis and then posted a rip-your-face-off rally despite a higher CPI report. The ForexLive...
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Posted: Sep 29 2023, 17:57
Author Name: forexlive
Views: 112167