Summary:
-In spite of lower earnings, we’re getting a market bounce. Avi Gilbert comes on the show to give us an idea of what’s going to happen. Moving in the opposite direction of what was expected, we’re seeing a rally that could last a few more weeks. During a time like this, it’s easy to get swayed by the news, but Avi asserts that following charts and markets can help you pinpoint the highs/lows. Tune in for more insight on what’s to come.
Highlights:
-We’ve done the opposite of what everyone expected, and we could rally for a few more weeks
-Avi is watching how the rally takes shape in order to determine if we’ll see a higher high over 4800 or not
-Tune out of the news and listen to the charts and markets
-It’s the interpretation of the market participants that will drive what happens
-Silver possibly has a lesser potential for already hitting its low
-With energy, Avi is questioning if the low has already been struck
-Avi doesn’t believe that bonds are completely dead right now, but this is subject to change
Useful Links:
Financial Survival Network
Elliot Wave Trader