MKT Call 10/4/22: Stock Market Rally Gains Steam
RiskReversal Pod
00:00
Can the Market Rally Yet?
S&P 500 has made a series of lower highs and obviously lower lows. I just don't really see us getting anywhere near that August 16th high guy in this last kind of fake face ripper rally. The setup into earnings if the market continued that path would be extraordinarily good. Now the setup is getting worse theoretically by the minute as the market continues to rally here. And we've had two gap open higher days on the back of it that won't be filled at some point.
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