Last week I mentioned there was a good change we would see a market turn surrounding the fall equinox.
Today we saw that turn. While the actual event takes place Monday evening, it’s not unusual to see the effects take place during that trading day.
Whether we see follow through is another story altogether, and is obviously discussed in tonight’s video found below.
Either way, the volume has picked up as has the volatility which makes for a good swing trading environment.
Gold is hovering around a critical level and remains in an oversold condition.
Oil remains weak with lower prices ahead.
You’ll find an in depth market commentary in the video below.