We may also be getting one of the bearish patterns for a reversal in the stock market as described in our final and latest volume of “The Ultimate Book on Stock Market Timing, Volume 5: Price Objectives and Technical Analysis.” This pattern is known as “intermarket bearish divergence,” between the DJIA and S&P nearby futures. We could soon see the same set up in Treasuries, and the opposite set up (“bullish intermarket divergence”) in precious metals.
In short, the next two weeks could present extremely attractive trading opportunities, as seen from a geocosmic, cyclic, and technical point of view. They are all in the process of setting up for exceptional risk-reward trades
Wishing all here on this board a Happy Holiday...Peace to all!
Merriman Weekly Column
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