The current mid-summer rally will last until the end of August, but trading volumes will be light with many investors on holiday, Robin Griffiths, technical strategist at Cazenove Capital told CNBC Monday.
"It's more important to have your capital ready to buy a dip in October," Griffiths said. "By far the best bet is we'll be lower in October than we are now." Griffiths said he sees the market falling toward the March lows in October.
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