10/13/2025
Let me know what you think of the posts to date. Ok here are two looks at the SPX
Here is the one you are hearing about on the news, CNBC, FOX Business, things are just great huge rebound in the SPX, well it is about a 57% re bound. but what about the equal weight SPX, this is a different picture
This index peaked back on Oct 5, but he first SPX just kept going like the ever ready battery rabbit. But unweighted the index had been falling for several days.
PMO at bottom is still at a low point, we will see it is possible that the wave two can hold no till later in the week, the purpose of a wave two is to convince all that the bull market is still intact, that is were Wall Street is today.
Bonds are still inconclusive.
Gold and silver rallied again this could last another week or two. Do not buy now unless you are a day trader, wait for the sell off and then we will buy.
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