Have a Great Weekend!


I'm showing Monday as a big move day in the stock market and gold after a not possible to call weekend.  For now, I'm not going to call a direction, and may just wait and see how it plays out.  Regarding next week, the primary theme showing up is government related and/or geopolitical.  While this news may not be directly related to the markets, the direction is.  If these themes are primarily positive the market should also mostly be up next week.  If these themes are primarily negative, the markets should mostly be down next week.  My base case on this is negative/down.  I am reserving judgment because I didn't see a flip from up to down play out in the weekly charts as anticipated and will need to see that early in the coming week to confirm that it occurred.  

Most importantly, have a great weekend!

Dr. Cari Bourette is an analyst at ElliottWaveTrader.net, where she provides her proprietary market mood analysis in our flagship service, "Avi's Market Alerts."


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