10X CAPITAL POT

10X CAPITAL POT

The Market: Fear, Fed, and Factors at Play

October 29, 2023 Update

Giovanni C.'s avatar
Giovanni C.
Oct 29, 2023
∙ Paid

One more negative week in the markets. Let’s start with the equal weight SP500 (RSP 0.00%↑) that breaks below the consolidation area I have been watching for months. At the same time, price keeps distancing from all moving averages on high volume. All bad signs. See below:

Looking from a wider perspective the RSP 0.00%↑ has about a further 6% to lose from current levels to …

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