Markets and QTRH low coming? Heads up dreamers!!
When we look at the stock market, too, we see the last week of August as a possible high, and we may see a two-month correction into October. We will have to review the monthly arrays to confirm that. Note that the week of the 26th is also a Double-Directional Change besides being a turning point, and then we see rising volatility starting thereafter. Bankruptcies are rising, and the tax burden is taking its toll along with inflation and rising costs. Naturally, the Democrats are good Marxists, and nothing is ever their fault - it is always we, the people, who are nothing more than the dirt beneath their feet. The euphoria over lowering rate may be ignored when these people wake up and realize that rates decline during recession and rise during boom times.
So be prepared. It looks to be an interesting time ahead of the elections. The more the polls claim Kamala will win, the harder the market will fall for his policies, which will be a disaster for the economy.