Near-Term Direction Of Stock Market – October 10 Update
In my post of September 29 (“Near-Term Direction Of The Stock Market – Update“) I had reiterated my view that the S&P500 would fall below the August 9 low of 1101.54. It did fall below that 1101.54 level, reaching a bottom of 1074.77 on October 4. The question now becomes whether that 1074.77 was a …