Yesterday the S&P 500 held the line it needed to on a technical basis (850). This was key for those that follow tech analysis and could represent the temporary shifting of fear back to greed. The 4th quarter is typically a good one for stocks (excluding October) and I expect the market is looking for some relief following the drastic declines from the past 2.5 months. Below is a chart showing the S&P 500 holding the 850 line.
Also, refer back to THIS POST to examine ISYN’s expected November outcomes….
Here’s a graphic from that post showing what has become an increasingly probably scenario. Pay closer attention to the bottom of the graphic where it shows ISYN’s expected November outcome on the candles.
On a side note, due to my lack of knowledge with blogs if you’d like to be updated with new posts please email GrandSynergy@gmail.com.
