Previously published on the HGSI Community Forum. For earlier access to Dr. Scotts Top Down Review, please register at HGSI Community Forum.
Welcome to this weeks review,
The market sold off this week, fulfilling the first part of the saying, Sell Rosh Hashana. Now we will see come Thursday whether the second part, Buy Yom Kippur, will follow.
The markets are dropping toward potential reversal zones but do not look like they finished as I see it. Perhaps, setting up for a reversal later in the week. Of course, we are also in September, one of the challenging months historically, so no one knows if a more extensive correction is lurking.
Remember, this is education only. My goal is to help you BECOME YOUR OWN GURU.