The news around the stock market is not too good these days. I’m writing this article late on Monday Oct 7th and no solutions have been found for the Government Shutdown. The market is down roughly by 1% over the past couple of weeks and we can expect more volatility if the problem persists.
At the end of this summer, we discussed Hindendburg Omens from right, left and center. All technical analyzes are clear: we are heading towards a market correction. Stocks have halted their rally but they seem to be suspended like leaves in autumn.