Monday Market Update - October 3, 2016

Today's update as of last Friday's close ... The predominant trend has not yet shifted to a down trend yet as seen in the chart below that shows 5 key indexes.    

But, at the same time, the market is in a high volatility posture with high potential Danger levels.  And ... the election is just a few weeks away, so there is a positive influence in the market.  

That doesn't negate the high risk levels, so hedging is a smart thing to do. 

Disclosure: None.

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Chee Hin Teh 7 years ago Member's comment

Thanks for sharing