Oct 17 • Charts
Market Up Date
In this market update from October 16th, I analyze the bearish trends across several indexes, including VTI and SPY, indicating potential support levels around 300 and 600, respectively. The price volume trends show that money is exiting the market, which is concerning. I also discuss the performance of gold and silver, highlighting their strength compared to the struggling crypto market, particularly Bitcoin, which I believe is a failing asset. I urge viewers to consider their positions carefully, especially in light of the bearish indicators I've presented. Stay vigilant and be prepared to act as the market evolves.
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Market Up Date
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