Stocks, gold, Treasury bonds could head higher in a government shutdown

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Commodity broker and market technician Carley Garner breaks what to watch in the S&P 500, 10-year Treasury futures and gold prices if the government shuts down.

to break down why stocks could be headed higher with or without a government shutdown.

And so far, the chart is telling me, as long as 4,270 holds in the S&P, things should get a little better from here. Similarly, in treasuries, I think treasuries selling that we saw over the last week or two was capitulation.

So, to me, everything looks like things could get better from here. I mean, we'll know in a couple of days. And if Washington screws that up, we'll have to rethink things. But for now, everything looks A-OK.

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