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08-27-2023 MENT Special Update: Global Markets Slide Into Consolidation Phase

Don't be fooled by the market trends or the euphoria of the recent US stock market rally - the global markets and my custom indexes are showing the US/Global markets are entering a stealth consolidation phase, which will likely last into October 2023. This means traders should be keenly aware of the risks associated with being overly aggressive with trading/investing right now. Overall, the opportunities for upward gains are very limited, in my opinion. Traders/investors would be better served reducing exposure to risks by at least 70%, sitting mostly in CASH, and waiting until early October 2023 to make any new decisions. Underlying the market trends is a slew of credit/banking/bond risks that will continue to plague the markets over the next 3+ years. The uncertainty related to the US POTUS elections included, the US/Global economy will struggle to find any basis for upward movement away from traditional seasonal cycles (think Christmas Rally). Because of this, I'm warning all my friends/followers to pay close attention to my research. Another crisis event could happen between now and the end of this year while traders are still struggling to understand trends & direction. More detailed training and educational videos for traders/investors can be found on my Website Visit Now : https://ment.com/ Stay cautious. Stay mostly in CASH. Opportunities will come - but you have to wait for them. #ment #trading #research #investing #tradingalgos #tradingsignals #cycles #fibonacci #elliotwave #modelingsystems #stocks #bitcoin #btcusd #cryptos #spy #es #nq #gold #bradmatheny #matheny

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