An End to a Market Rally Predicted Since 2000…?

 
August 5, 2020
 
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Could the Stock Market Rally End by Labor Day?
Today, let's shift gears in our usual market analysis, and answer the question that's been on trader's minds lately: Will the stock market rally end by Labor Day?

For now, I think the market's going to head higher, so I suggest you enjoy the ride.

BUT, don't get too comfortable -- I see the market rally coming to an end for two reasons… and the first one is something of a history lesson.

Let's go back to 2000
 
"Thank you Roger, the video was very helpful."

Frank M.


A Double Top is a chart pattern, characterized by two consecutive peaks in price. The double top looks like the letter "M" and signals a potential bearish reversal of an established uptrend.

 
 
 
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