Mercury becomes retrograde on November 07, at 04.45 hrs early morning. How has Mercury retor behaved in the past? Here are a couple of charts.
Draw your own conclusions!
One clue: Mercury turning retrograde in November- December periods, in Sagittarius and Scorpio, tends to produce bullishness first. During other retro periods, it was decline first.
Mercury now is in Scorpio in Saturn star.
In 1999, Mercury became retrograde on Nov 06, in Scorpio, Saturn star, and this is how it looked...