[Follow Up] Episode 3 - Market Rally Trend Up Monday - 10/17/2022
My chart analysis shows that Friday finished above support formed on Friday Sep 30th, 2022. The next trading day after Friday the 30th, there was a rally.
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I think there may be a side ways trend briefly then a pop, or the upwards trend will continue after a nice pop on Monday.
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There is also the possibility that Monday will test support again around 357.04 then find buyers and traders short covering to get the market heading back up.
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Recommended: https://rumble.com/v1nv0se-episode-3-follow-up-to-market-reversal-rally.html
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Follow The Trend is not a registered investment, legal or tax advisor or a broker / dealer. All investment / financial opinions expressed by Follow The Trend are from personal research and experience of the owner and are intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended inaccuracies may occur.
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