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WALL STREET CRAPS STOCK MARKET STRATEGY OCTOBER 26, 2019

October 26th, 2019

craps front coverSTOCK MARKET STRATEGY FOR OCTOBER 26, 2019: The stock market has been rallying for 4 weeks now in a narrow channel suggesting a change of direction soon. With the internal indicators having reached “overbought” territory during this past week, I’d expect a move down the next few days with a setup for one last run to new highs before the late Fall volatility returns to finish the year.

Key underlying short-term timing indicators show the following:

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THE BOTTOM LINE: The stock market has already made an internal top with the market likely to dip for a few days before going to new highs during the second week on November. Be ready for a quick dip buy point this coming week for a ride up.

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