There will be plenty of analysts making a case that today was a reversal day.
Not so fast. It may have been, but the month of October has many more surprises in store for investors and traders.
We will of course see multi day rally’s in the middle of a down trending correction. We see the buy the dip crowd show up like today. However, the market is designed to fool as many people as possible, so don’t be one of those people.
In tonight’s video, I discuss the price levels we attained today, and also what we might expect to happen next.