HGSI Doc Top Down Review 7.11.2021
Previously published earlier today, on the HGSI Community Forum. For earlier access to Dr. Scotts Top Down Review, please register at HGSI Community Forum.
Welcome to this Week’s Review
What a week it was. Holiday cheer turned into fireworks in the market and a roller coaster ride.
After waking up to extremely down futures on Thursday, we saw a mid-day rally that carried onto Friday and left most of the major indices slightly positive and new highs on SPY, QQQ, and DIA.
The markets climbed a wall of worry as COVID fears elevated for the non-vaccinated population worldwide, Japan canceled spectators at the upcoming Olympics, China shows signs of slowing, and back home there were some suggestions that the recovery may not be quite as powerful as expected.
Please join me on my Top Down Review of the market.
Remember, this is education only. My goal is to help you BECOME YOUR OWN GURU.