Stock Market Outlook: Indexes Remain on Track for New Highs, Leading into Nov. 11 – 15! Pinpointing Likely Trigger for Mid-Nov. Peak.
10/26/19 Weekly Re-Lay: “Stock Indices are retesting their highs, having nearly fulfilled their weekly trend patterns as they prepare for an important peak.
They now enter a 5-week period when their inversely-correlated weekly 21 MARCs will surge – ushering in the opportunity for a reversal lower that would quickly be confirmed by weekly 21 MACs turning down as well… and would allow a peak to stretch into mid-Nov.
Stock indexes have nearly completed the projected overall rally into the first half of Nov. ‘19, when a very significant peak is likely… In the ideal scenario, the S+P 500 will [reserved for subscribers].
That would have them fulfilling their weekly trend objectives just as a myriad of daily, weekly and monthly cycles are maturing.”
Stock indexes signaling initial peak in coming week followed by more significant peak on Nov. 11 – 15 – the ideal time for the next multi-month peak. Primary indices project new highs for 2019. How high could equities spike?
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.