Navigating the Downtrend and Future Predictions: Weekly Market Updates 30th June 2024

Welcome to GhosTrades, your go-to podcast for expert opinions about trading the markets. In this week's episode, we delve into the current downtrend and what it could mean for your trading approach.

As we approach a pivotal moment, we believe the next few weeks will set the tone for the rest of the year. With some speculating that the stock market could drop as much as 30%, it's crucial to stay informed and prepared. We'll discuss the implications of this potential decline and how you can navigate these turbulent times.

This week is shortened due to the July 4th holiday, with markets closed on Independence Day. However, the monthly jobs report on Friday, July 5th, 2024, remains a key event to watch. We'll also cover other  announcements, including PMI Manufacturing, S&P Services Final, and the ISM Services Report.

Join us as we break down these critical updates and provide you with the insights you need to be a more informed trader.