Free Stock Market Research Report by Jason Ng, the man behind The Star Trading System (one of the best option trading systems)

The Star Trading System got it right again that the market is going to resume a bear trend. Indeed, the market have been dropping since the day the Star Trading System begun producing bearish stars again. This is the predictive nature of the system and very often contradicts what we think about the market. Today, the Star Trading System continues to produce more bearish stars… it looks like the US market needs to go down at least one final leg before a bottom can be found.

Stocks attempted a weak rally today when higher new home sales suggest that consumerism may be recovering. However, that little bit of good news cannot stop investors from worrying about a global recession as world markets continue making multi-decade lows. The Dow ended the day lower by over 200 points, following up on the triangle formation bearish breakout. Investors are going to continue being jitterish all week due to the Fed decision and consumer data (see economic calendar). The Fed is going to cut rates and provide new solutions to this financial mess while consumer data is probably going to recover a little. Will all these help the market get back up a little this week? Not according to the technicals. With a strong short and primary bear trend still in place after being tested slightly, odds are we should see a new October low. In fact, the Nasdaq Composite already made that new low yesterday.

Star Trading System’s Thought For The Day : "Always Respect The Market"

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