R.C. Market Report 09.19

• Market Trend: Neutral

• The wild week has finally ended. And with that, so has the downtrend for now. With a rally of 1000pts in less than two days, I fully anticipate a pullback early next week. Even a 38% retracement would mean a near 400pt give back so a healthy move down is in store. However, I believe that the uptick will stick this time and a good opportunity to get long will likely appear after the pullback.

• There's calm before the storm which leaves behind a rainbow. We had the calm period in August, followed by the stormy session, the bulk of which I believe ended today. Now I hope to see a rainbow and a pot of gold in the upcoming days. I project it to be in the form of an artificial rally that steadily rises into election.