Market Report 10/22/15/ Forex blowout.
Strong dollar rally to 0.9713 from 0.96 on USD/CHF ignited stocks buying to close at 17489, Resistance 17600, Support 16830, sell trailing stop 17235.Dow futures at -55, a slight retrace, stochastic at 85% and falling, Gold /GC topping out.The thesis is that a strong rally up to the 21000+ of the Dow will secure the nomination of Hillary Clinton,the tape simply saying that Trump or alike will not be in the election campaign, a victory for Unified Party USA and the Establishment.Translation? The "Internal Financing" of the Government will continue unabated until the National debt will be at 40 Trillion or $130,000+ per US person by 2030. Hello Chiquita de banana!......Disclaimer: Investing in the stock market involves risk of loss. The market commentary provided by bibi1581.blogspot.com is for entertainment purpose only, and it is not to be construed as suggestion or investment advice to buy or sell securities. Always consult a registered investment professional or broker before committing money to any stock or option instrument. Bibi1581.blogspot.com is not responsible for any direct or consequential losses incurred in violation of this disclaimer. Read all SEC rules and regulations before making investment decisions.
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