09/14/2020 Latest Analysis From Wayne!

Good Morning,
When there is a lot of bad news but the indices still don’t drop much, that’s resilience. They should come back up soon.

Market breather indicators and Fear&Greed index are quite healthy.


1 hour Nasdaq chart shows positive Divergence from bottom.
We should see bounce next today thru Wednesday.
If there is bad news today, it will be time to test this markets resilience. If it turns back up, with momentum, we can look forward to a volatile and upward trend through September and October.

May God Bless,

Wayne



Written By

Scott Grimes

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