October 5, 2020

10/5/20 Major Market’s Recap

How soon they forget Contrary to Thinker’s headlines.
Today 9/3/2020 the markets are flashing “DANGER” and no one is paying attention, NO ONE. Today 9/10/20 the majority continue to find a rationalization for more bull market.

Yet a full month later, the boogie-man-month of September is done and dusted, hence an all-clear for the bull market. Contrary Thinker sees the next range day lower that exceeds 4% without an intervening new high etching in stone that the market is in a long term bear market.  The Summaries below support that expectation and the Chart Gallery to follow.

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As a general observation of all the primary markets,

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