ALERT: Stock Market Alert for July 6
Since the highs on June 21 in the Dow Jones Industrial Average and the S&P 500, these equity indices have reached significant support levels. Medium term, we expect the downtrend to continue until July 15-20.
BUT there could be a bounce UP of as much as 5 percent, between July 6 and July 12.
Gold, at $1207 per ounce, has started a protracted downtrend that will probably continue until mid-August. We expect a minimum decline to about $1150, but it could drop to as low as $1050.
A full Newsletter will reach you on July 9.