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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.
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
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