6/19/20 Stock market:
L4 trend is due to peak early today. Lower into Monday?
L3 trend is likely up into next week.
L1/L2 trends are the first and second most important during a year. A critical point for those trends is due, still.
Today's podcast shows a chart from an article on Marketwatch.com of a long-term 'predictor' of the market relative to household investing in the stock market.
Has the seasonal slump of less investor interest begun? Do some say that the best returns during a year occur from Nov into May?
I find the 2020 market as rather orderly (internal structure) even though there were record-sized falls and rallies. The model worked well.
Have a great weekend. Stay safe -healthy.
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