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Re: None

Wednesday, 10/24/2018 11:54:09 AM

Wednesday, October 24, 2018 11:54:09 AM

Post# of 217
The main indices are all testing new support levels, but it doesn't look promising.

The apparent lack of help from the PPT could be an attempt to influence the mid-term elections, or to punish Trump for his bad-mouthing of the Fed/Powell, or perhaps they just think the markets got ahead of themselves and need a correction.

The timing though, 2 weeks before the election, is suspicious. But it is October, so who knows, and a lot of unknowns out there at the moment, the election, trade wars, Fed tightening/QT, etc.

Support levels currently being tested -

DJIA - 25,000

S+P - 2700

Nasdaq - 7000

Russell - 1500




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