As expected Dow and the other indexes continue to be run by the bulls. Oil and Gold on the other hand have some sell off. This usually happens when the Dow Jones and other main indexes are rising. The rising USD is also causing some problems for commodities as well. With the month of October and November usually being very good for USD we can expect it to benefit the markets that are correlated to it while causing problems with markets that are inverse to it.
Let's take a look at the charts below and see what they are telling us.
Oct 27, 21 09:09 AM
Are the markets in an uptrend or downtrend? Where are the support and resistance areas? Stock market analysis for October 2021.
Oct 26, 21 05:47 AM
A look at Tesla stock chart using technical analysis. Is it in an uptrend or downtrend and where are the support and resistance?
Oct 25, 21 09:20 PM
Technical analysis of KLCI, learn the trend of the index and support and resistance areas.
Oct 24, 21 07:32 PM
Analysis of oil prices. Is it in an uptrend or downtrend and where are the support and resistance.
Oct 24, 21 07:03 PM
Learn how the cup with handle pattern hinted of a big run in CTXR.