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A slow grinding bear market lies ahead, with a crash now unlikely

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 21, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Clem Chambers, Founder of ADVFN, joined us in the Tip TV Finance Show and spoke on why the markets might see a slow grinding to the downside, and further offered the outlook for the Dow Jones, EUR and Gold. Chambers highlighted how his previous view of a market crash has changed, and he now believes that the markets are still headed downside but in a slow grinding manner. He suggests having a look at the price action in the Dow Jones equity index, maintaining a negative outlook. Chambers

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