The video in this report is only accessible to members
The video in this report is only accessible to members

Note: As I am traveling tomorrow, there will be no report, thank you for your understanding.

US Stock indices remain churning near the June lows, and haven’t shown sufficient signs of bottoming, nor rallying to have a meaningful view of direction on a 1-2 day basis.   One can certainly make the call for a possible Friday bounce on better-than-expected economic data with the all-important PCE Deflator coming out.   However, it remains my conviction that next week is more important than Friday for stocks to put in a low.  Thus, any rally to SPX 3750-3800 should be a chance to hedge for a move back down to 3600 and marginally below. Both Treasury Yields and the US Dollar should likely make a final stab at highs which would satisfy both Elliott-wave counts and DeMark exhaustion before possibly rolling over as Equities bottom right after Yom Kippur.  As explained in later pages, Technology has actually performed better than might have been expected this past week which has helped Growth hold up during a very volatile time.  This looks to be important, and I continue to believe that October approaching should be a time when many various asset classes experience a change in trend, with Equities and Treasuries turning higher (Yields fal...

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