Market analysts and others are intently observing our financial arrangements as it faces a current, and possibly continuing, cutback. They’re hoping for a reversal in the coming weeks. This expected turnaround might be the catalyst for a robust rebound complete with vigorous price action. It would be indicative of the current correction cycle’s end.
The current agricultural down cycle has turned some heads. Its implications for future behavior of the market are profound. Analysts predicted a reversal would occur any day. Yet, they have not released the zone’s specific details on where this would take place. The defining features of this zone are still being worked out, but its key role in fueling the reversal process is clear.
To me, the market is figuring out a correction at the moment. As Capitol Hill’s own, and many other experts, have indicated, the coming weeks will be make-or-break. They hope that the coming reversal will lead to a pump recovery characterized by sharp, impulsive, price increasing moves. Such price action typically indicates the market is building momentum to continue moving higher. Perhaps it may even portend the end of the current correction.
We still do not know the timeline for getting this correction done. What’s even more authoritative though, is the powerful uptrend traders and investors are currently anticipating in a bullishly predicted impulsive recovery. When the reversal occurs, you’ll know by a rush of price action. Hopefully, if this surge lasts, that will lead to final completion of the still ongoing market correction.