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Tag: 1950 baseline

  • Where is the market headed?

    The markets are behaving, with the S&P500 consolidating around the expected baseline of 1950.  (See previous article Sep’15:   S&P500 resets from 2100 to 1950  ) I suspect the worst isn’t over yet and prices will move lower in the coming weeks or months.  Overleveraged Energy/Commodity sectors haven’t capitulated and global trade remains shadowed by overcapacity.…