HGSI Doc Top Down Review 11.01.2015
Greetings and Welcome to this week’s edition of my Top Down Review
We have move significantly higher after the early Oct retest and October has ended up fairly positive for the markets.
The RUT is lagging but the other major indices have not moved above the long term 200 day SMA average. Perhaps a retest is in the cards early of the week. As the week goes on the big issue will be the First Friday of the Month, Monthly Unemployment Report. This may give a hint as to whether or not the FED tightens before year end.
Please join me as I combine my favorite tools with HGSI and the teaching of John Person to assess the current market and look towards potential opportunities in the coming week.