StockCharts TV: October 9th, 2024

John Kosar, CMT of Asbury Research points out that US financial markets are heading into a very contentious presidential election with potentially very different outcomes for the economy and financial markets.  All of this indecision and angst creates pent-up energy — and upcoming opportunity.    More specifically, the US stock market is at a strategic decision inflection point from which its next one to several-quarter directional trend is likely to begin.  We view current conditions as a special situation due to some very unique risk/reward characteristics.  Today’s video shows what Asbury Research believes are the most important indexes and indicators to watch as this special situation plays out in the weeks and months ahead.