Markets Reset for Q4 with Cryptos and Stocks Poised for Potential Breakouts
September is finally over. All the talk of government shutdown, rates, and inflation have been averted. Markets are looking to sort themselves out over the last few days. Stocks are trying to put in a low. Cryptos are trying to break out.
I have been highlighting this price action over the last two weeks and so far this should be no surprise to those that have been following along.
I showed you how time and price were coming together to suggest a low in the stock market. I also gave you the two scenarios that could play out for crypto here into year end. One of them was a large move up in October and November and so far we are looking at a breakout. Can it hold is the question.