Do you think the markets will fall next week?

TTT said:
I think the correction is not over yet but the general trend is still bullish, interest rates are not too high yet.
This correction will be a great buying opportunity.
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Most likely weekly close up in QQQ+related ;even though its taken out weekly low.
Vol.... is back+ looks like bears are borrowing less money- that could help uptrend in NOV. Since vol ...is back exspect more of it DEC...NOT a prediction. I look @ close to close candle charts price charts even though i record open price.:cool::cool: Could be a bear market; time tells/200 dmas
 
TTT said:
I bet on a double floor and then up
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it is always a good idea to bet on the highest probability event. I would think almost as probable is the second time down to go a little bit lower say 2550-2500.* What years in the markets have taught me is that these events are dictated by emotion** as much, or more so, than reason. But they do tend to repeat, hence the probability that favors repetition is the way to bet.

I have learned to like the Monthly charts. They encourage patience and dispense with noise.
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*When the market repeats its low there is usually a rush of buying, and the market, being perverse, will want to to take out the eager buyers' stops by going a little lower before going higher. But perhaps I am still stuck in the pre-artificial "intelligence" era.

**On Wall Street it is called "Self-fulfilling prophesy."
 
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d08 said:
We're building a beautiful reverse head and shoulders now. When the neckline breaks, probably end of november or early december, expected easy sailing upwards.
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GE is still a 96% average sell on barchart.com; 100% sell - medium trend, 100%long term sell trend-may go to $5, or $4.95.............................................................................NOT a prediction. Looks like NasdaQQQ+ small caps going up, NOV; next week[after options ex, usually]uptrender-Mr Hirsch,Stock Traders Almanac.......:cool::cool:
 
TTT said:
I bet on a double floor and then up
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I dont bet, but other than that i agree.BUT IF it takes out the monthly low, like many good uptrends do.....may help the shorts.The main things i dont like about shorts=more commissions.With NOV options expiry week+ new week looking weak, weak week;one of my chart services has a downsloping 200dma.So even a turnaround tuesday, as week as last weak,weeks favor shorts.I never did like the soemtimes helpful Stock Traders Almanac nickname ''OCT =bear killer. ''Bear hibernate, but if OCT is not a bear killer,so to speak ,200dma is a bear move, as of Noon monday anyway LOL.:D:D
 
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SteveM said:
Bulls need positive Brexit/China-trade news. Badly.
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Or 200dma+ ,[ edit= more than 200dma LOL:cool::cool: Small caps /indexes/ETFs made the bears so much money, no wonder its down less than NasdaQ derivatives.Its so late in NOV, now bears have an advantage; GE anyway.
 
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The ups and down of the market will depend generally on the usage and demand which can effect the currency prices and as the result the market will flactuates, but in my opinion in order to guess that the market will fall or rise will require a high knowledge of market trends.
 
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