Will the SP500 Pennant Formation Lead to a Rally or Are We Headed for a Double Dip?

November 4, 2020

By TheTechnicalTraders

Chris joins The Korelin Economics Report to discuss broad market trends to expect after the election is settled. We are already seeing money flow into markets broadly today as investors hope to have the election uncertainty behind them. We discuss several different scenarios including the SP500 pennant pattern with a potential 34% rally and the relationship between gold miners and the broad markets.  Please listen to hear more of our targets and technical analysis.

CLICK ON THE PLAYER BELOW TO LISTEN TO THE PODCAST

Listen here if player does not work

GO TO TheTechnicalTraders.com TO LEARN MORE ABOUT OUR RESEARCH AND TRADE ALERT SERVICES

 

InvestMacro

Share
Published by
InvestMacro

Recent Posts

Trade Of The Week: Nvidia headed for $1000 milestone?

By ForexTime  Nvidia almost ↑ 90% year-to-date Will chipmaker see new all-time high? Pay close…

6 hours ago

Precious and industrial metals show strong growth. Oil grows amid the news about the death of Iran’s leader

By JustMarkets On Friday, the Dow Jones Index (US30) gained 0.34% (+1.04% for the week), while the S&P 500…

6 hours ago

Gold hits new record high

By RoboForex Analytical Department On Monday, a troy ounce of gold set a new price peak…

6 hours ago

Currency Speculators raise Euro & US Dollar bets into positive levels

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT)…

1 day ago

Speculator Extremes: Silver, Copper, Brazilian Real & Sugar lead weekly Positions

By InvestMacro The latest update for the weekly Commitment of Traders (COT) report was released…

2 days ago

COT Metals Charts: Speculator bets led by Platinum & Silver

By InvestMacro Here are the latest charts and statistics for the Commitment of Traders (COT)…

2 days ago

This website uses cookies.