HGSI Doc Top Down Review 09.27.2020
Greetings and Welcome to this week’s review.
The NASD rebounded late in the week and finished higher while the broader markets were down on the week.
The major averages ended Friday strong but have all corrected ~10-12% from recent highs.
Now the question is whether the pullback/correction is over or are we entering a Bear Market or at Least a Deeper Correction. It will be interesting to see
Whether the comeback Friday turns out to be the beginning of the next leg up or rather a Bull Trap.
Dr. Jeffrey Scott is a private investor and educational affiliate for HGSI Investment Software LLC