.The US inventories are proceeding their decline with the Dow right now down 700 points or even 1.70%. All the Dow 30 sells are lower. The S&P index is down -88 aspects or even -1.60% at 5408.87. That is actually getting closer to this 100 day relocating average of 5391.77. The rate technique listed below its one hundred time moving common back on August 5 (the time the Nikkei dropped -12.4%). The cost closed back above that relocating typical degree on August 8. What are actually some catalysts: The argument leads slant towards Kamala Harris. The market places are scared although the plans she presents are much less arming than Pres. Biden. The company income tax rate is actually assumed to relocate higher. The babble regarding financing increases income taxes boosting for those making more than 1M per year. Core rising cost of living was still high with shelter remaining to be a complication. China weak.The Fed cutting through fifty bps is off the desk. Belief of slower United States growth ahead of time. Geopolitical risks remainPostives: Oil rates are lower.Yields are lesser which reduces home mortgage ratesThe securities market prospered under Biden too. Preliminary out of work cases are not pointing to an economic slump. Actual regular earnings increased which suggests performance gains.This post was composed by Greg Michalowski at www.forexlive.com.