Market Crash Avoided? Nick Santiago 10-11-23

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2 years ago
16

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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