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The general stock market is still in an uptrend. It is currently taking a rest I believe and a sideways movement is very healthy for the stock market. A market that goes up non-stop is not very good in the long run.
In summary, we are still in a very bullish market and in a strong uptrend. There is no cause for any worry at the moment as long as the SPY holds the support in the 60 min charts.
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Jun 29, 20 08:04 AM
Technical analysis of the KLCI for the month of June 2020. What is likely to happen? Read here.
Jun 29, 20 08:03 AM
Well, sell in May did not materialize for the S&P 500 but the market continues to chugg higher. What is in store for us this month?
Apr 30, 20 07:49 AM
What is the stock market likely to do from this impact of the Coronavirus? Will it continue to fall or a bottom is near. We will use charts to guide us.
Apr 30, 20 07:44 AM
The Malaysian stock market has been badly battered following political uncertainty and the Coronavirus. Let us chart the KLCI and see where it is likely to go.
Apr 24, 20 07:20 AM
Want to learn a trading strategy that is less stressful and that will allow you the freedom of not looking at the markets everyday?