Market Crash Avoided? Nick Santiago 10-11-23
11 months ago
7
Source:
https://www.spreaker.com/user/appeal2/nick-534_1
1. Market rally after a lower open on the back of the hotter than expected job report. PPI up %0.5, a little hotter than expected. Markets are testing a big head and should neck line. A lot of bumpiness ahead.
2. US Dollar index is falling and that is helping stocks. Dollar has had a good pullback.
3. Oil is pulling back and that is helping markets.
4. Nat gas is breaking out.
5. Gold has caught a big bid on the back of the weaker dollar.
6. Bitcoin is weaker. Daily chart is weak.
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