Our technical analysis indicators and other information that we monitor daily, continue to show clear upward trend continuation signals.
As a result, our bullish short-term (and medium term) forecast remains intact for most global equities which correlate to your national indices.
As just one market-internal forensic, most global equity markets have already made considerable, and even unusual and opposite seasonal gains over recent weeks. This could easily lead many to conclude, that selling this seasonally overbought market (historically statistics tells us that October is usually a weak month of equity losses) was logical, or even necessary.
Yet frankly, in sharp contrast to the overbought seasonal condition, today's early weakness in USA stocks and especially the benchmark SP500 index, which sold-off in the early trading hours, was almost immediately met by very strong mid-day buying, that soon pushed stocks to their highest levels at the closing bell.
Using this same logic (the stochastic oscillator taught by KRTT) - this bodes well for a strong open tomorrow and at least some short-term upside continuation.
We have also provided two charts captured today with our usual educational mark-up comments. How good is receiving a free financial education and financial market advisory service on equity indices by the global leader in financial truth? Your comments and feedback are welcome. We remain bullish.
Notice - Our past weekend special editorial on gold and inverse currencies is essentially now edited and complete. We suggest to those who have not already reviewed the material thoroughly, that some excellent learning points are emphasized in that feature, many of which pertain to Natural Law.
If you are truly serious and want to improve your financial education, then there is no better time and place. Our free BBTL blog insights into gold can introduce you to important aspects of Natural Law.
Even better, beyond our high caliber stock market forecasts, you can even now track our KRTT forecast ability and ultimate success in the world's most talked about commodity - gold, and the world's currency of choice - the USA dollar. Would you like to share this information with someone? Simply click and use the icons below.
Best regards,
James Kelly Sr.,
Editor in Chief
www.KRTT.com
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