The central banks normally condemn the downward spiral-type trading that occurred last Friday. For some unknown reason, the markets were permitted to explore lower prices, and while doing so they revealed a severe lack of demand for equities.
In one trading session, sellers effectively moved the markets away from a two-month price range. Now the broad indices are trading at levels unseen since early July.
The price and volume behavior ranked worse that anything the auction theory model inside Exodus has ever seen. These extreme readings often tell a story of opportunity.
I just published the 96th Edition of Exodus Strategy Session, and inside it we discuss two potential trading scenarios for next week. Members, go check it out!
As for the rest of you. Buckle up. The model is calling for speed.
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*cocks barrels of shotgun*
Opens vault of gold coins
Begins sorting stockpile of canned food rations