Custom Market Cap Index shows the US stocks will trend higher
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This custom Market Cap Index is something I used to gauge market conditions and capability with regards to trends, peaks, bottoms and more. You can see that is ranges price volatility quite well and allows me to see what the market is capable of doing over the next few weeks and months.
Right now, the US stock markets have quite a bit of upside price range to go. Don't be surprised if the US stock markets continue to rally over the next 3+ weeks and then stall out for the remainder of the fall season. Increased volatility may come in early November or December as my cycle indicators show volatility should increase near this time.
Pay attention to my posts. You may find my work is far deeper and more advanced than simple trading triggers. I've just predicted what will happen over the next 4~5 months with a relative degree of certainty.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.