The Week Ahead

The Week Ahead

Oct 27, 2019

Thomas Thornton

  • The week ahead continues with a heavy load of Q3 earnings with some of the most important companies reporting
  • We also have a Fed meeting with an expected rate cut and some vital economic data to keep us very busy all week
  • The technical backdrop has bullish sentiment in the US at elevated levels with Japan and Europe at extreme bullish levels
  • Tomorrow and throughout this week should see more DeMark exhaustion signals SPY, S&P futures (sell Countdown 13's) VIX (buy Countdown 13's)
  • I would not be surprised if Tom DeMark appears on Bloomberg TV this week to highlight some of the markets with exhaustion signals I've been highlighting recently
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