Market On Open - Thursday 5 October

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About Our 'Market On Open' Notes

These notes, published daily, form part of the Equity Index Strategy that we employ here in the Inner Circle service and, indeed, in Cestrian Capital Research, Inc staff personal accounts.  You can read all about our Equity Index Strategy, here.  

Signs Of Life?

The bull briefly awoke from its slumber yesterday, with solid moves up in the Nasdaq and even a limp-across-the-line green close for the Russell 2000.  The latter faded as soon as it arrived, but the Nasdaq move was solid.  This morning there's a little weakness once more; the key, key level to focus on in our view is the Nasdaq multiple-tested lows.  Like this:

For as long as the NQ holds over that level, we're looking up.  Breaks that level, we have some more weakness to come in our view.

Now, let's get into the detail.

Below we step through our analysis of the S&P500, the Nasdaq, the Dow Jones, Russell 2000, Bitcoin and Ether.  

We lay out our charts so that you can use them for (i) long-term investing, giving you market context for your single-stock and ETF investments, and/or (ii) short term trading, whether in index ETFs, futures or options.  

We use these very charts in our own hedged 3x index trading in this Inner Circle service, which includes all four US equity indices.  Before we place any such trades, we post a Trade Disclosure Alert so that our paying members can, if they wish, trade ahead of us.  

If you're a free reader here - and welcome, we have many new such joiners! - and you'd like to join as a paying member, you can do so right from the button below.

Now let's get to work.