Market Report Oct 11 2022

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Market Report for Oct 11 2022

S&P 500 and Nasdaq Daily Charts

Another weak session begins another week of trading. Although, it was a holiday and not all traders would necessarily be at their desks. So today will be a day to watch to gauge sentiment as it is all hands on deck in the US and Canada.

Jamie Dimon said the US will likely enter a recession in the next 6-9 months and that the S&P500 could fall another 20% from here.

Prepare yourself for the market momentum.

Let’s go trade!