Short Term Trading Week Starting : 15 Oct, page-26

Dow futures doing not much really, still a 50/50 chance at the mo for me.

I have scoured the internet for a reason for last weeks sell off. The best i can come up with is 3 things.

1. Trump say's don't raise interest rates so fast. So to me, that would mean possible confidence issue in the market.

2. Sell off will be a minor down trend to set for a big rally and Dow 30k

3. It's the real deal.


Rarely do i see a volatile move like that subside in a matter of day's, so expecting turbulence from here moving forward. Will just need to keep an eye on unfolding events and hope we make it past Mid terms unscaved. Could be a nice buying opportunity.