10/31/2014 – A big up day with the Dow Jones up 187 points (+1.09%) and the Nasdaq up 65 points (+1.41%).
One can argue that we are in one of the most complex market environments over the last few years. After all, consider the following…..
- Most markets pundits strongly disagree on where the market is heading. And while some are calling for an outright crash others see the Dow 20,000 by the end of the year.
- Most markets set a lower low on October 14th and higher high today. Confusing most market participants on which environment is at play. Bullish or Bearish.
- No one is winning at this game except market timers. And while the bulls feel vindicated and bears destroyed, the situation was utterly reversed just 10 trading days ago. It might reverse again in the next 10 days.
- The market rally from October 14th bottom has all of the trademarks of a bear bounce. Low volume, massive gaps, short covering, etc….. Then again, we have a higher high.
- Top 10 fastest moving rallies of all time over the last 2 weeks. Good or bad?
- The market is not allowing traders to take positions as most of the gains occur in the aftermarket.
- QE is over, stocks are overpriced, Japan is attempting currency debasement, rampant speculation, etc….
I can go on, but you get the idea. The market can easily swing either way over the next few weeks/months.
So, which way will the market go next?
Unfortunately, I cannot disclose this information in a free forum. Yet, my mathematical and timing work displays a clear pattern the market will follow over the next few weeks. I can tell you this. No one is safe. Not a single bear or bull should feel at ease at this point in time. Large market swings are coming. The joy of today might turn into tears of tomorrow and vice versa. That is why and where market timing becomes so incredibly important. If you would be interested in learning which way the market will swing next, please Click Here.
This conclusion is further supported by my mathematical and timing work. It clearly shows a severe bear market between 2014-2017. In fact, when it starts it will very quickly retrace most of the gains accrued over the last few years. If you would be interested in learning when the bear market of 2014-2017 will start (to the day) and its internal composition, please CLICK HERE
(***Please Note: Due to my obligations to my Subscribers I am unable to provide you with more exact forecasts. In fact, I am being “Wishy Washy” at best with my FREE daily updates here. If you would be interested in exact forecasts, dates, times and precise daily coverage, please Click Here). Daily Stock Market Update. October 31th, 2014 InvestWithAlex.com
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