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The Market tanked big time in August. September, is historically a bad month for bulls, but as the market is tricking everybody, we could see further short term upside in the market, and a decline in volatility. As we argued last week, volatility should come down short term, as people started pricing risk too aggressively. Some chart levels below, DAX; STOXX;SPX;NDX and VIX.
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The market could go up or down
Yup... that's what they're telling me.
End of the month window dressing! Nothing else!
tell the many hedgies who use Demark indicators and other tools.
The author is cordially invited to present his extrapolation of each chart over the coming 6 months together with investment recommendations derived from the predictions.
Yes, yes, look at the pretty charts. If anything comes from this manipulated market it had better be the end to the tea leaves chartologist BULLSHIT. How much more pathetic ccould this article be?