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U.S. Stock Indexes Make Strong Recovery from October Lows

November 8, 2018 by Jim Wyckoff

The U.S. stock indexes have made strong rebounds from the sharp declines seen during October, to produce bullish V-Bottom reversal patterns. The S&P and Nasdaq bulls have good upside technical momentum, but prices are still well below the September highs. Even with the solid rebound in the U.S. stock indexes the past two weeks, bulls still have heavy lifting to do in the near term to suggest the September highs can be challenged or taken out on the upside. Stay tuned!

Filed Under: Blog News, Jim's Morning Report, Uncategorized

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