InvestorsHub Logo

GE_Jim

10/09/19 7:34 AM

#58777 RE: deadjim #58770

Well, your right this isn’t prime time, for the company nor sector. Both in a reality reset. Growth by percent, maybe, however many are trying to expand, whether they all need to or not.
RE: rising wedge. Yes. It’s there, however if a person were to switch to weekly scale, go back to Jan 2018 and draw a trend on the lows and then on the highs on the markets you might see an expanding wedge. Now there is a cure for these wedges. Example Trump throws the towel in on the trade war {claiming victory of course} this would fire up the market, then Dec. rally action, Jan effect. But whose to say, I’m still on my first cup of coffee, so.