Financial Markets Update 10-20

I commence with my humblest gratitude to The All-Knower The Most Gracious

Market is exhibiting a pattern which comes under same pattern category as was in September’s last week through first week of October. But at this instance, the expansion is not at the higher end of it. It is rather stopped at the resistance level of 1.618 from previous swing. Therefore, I believe, that down move is not finished yet. Good trading for those traders, who had locked in the profits yesterday!!!

THE MOST ACCURATE FORECASTING OF FINANCIAL MARKETS

http://trade-in-harmony.blogspot.com/

6 thoughts on “Financial Markets Update 10-20”

  1. Hello Mr.Syed,

    I was wondering if the technical indicator on this chart is momentum or detrended price oscillator?

    Thanks again.

    Patrick.

    p.s. do you think the Feds will try to keep the markets up till the mid-term elections? Hence, the big down-turn after the elections.

  2. Excellent call on NFLX

    It has been while since I traded, like a few months ago,, I took a break and upon return to the trading, my first thing is to visit your site. Thanks again.

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