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Stocks opened lower but they are not as weak as it seems. The SPY is still in a trading range in the 60 min charts, therefore a bounce up bounce down is to be expected. With the 60 min 200 MA below the SPY, we have some confidence that a flash drop won't happen yet.
I update stuff earlier in the Telegram Group. The link is https://t.me/joinchat/AAAAAD7zlt6PytPzhsIA0A . You will need to copy and paste it and have a Telegram Messenger. Something like a Whatsapp but allow more people.
Below are the charts that I have put.
Charts with the Freestockcharts.com label are courtesy of Freestockcharts.com
Charts with the investing.com logo are courtesy of Investing.com powered by Trading View
Mar 31, 20 07:15 AM
The Coronavirus or Covid 19 had certainly impacted the US market this past week. What's next for the stock market?
Mar 31, 20 07:05 AM
With the political uncertainty plaguing the nation, there is quite a lot of uncertainty. What about the KLCI?
Feb 28, 20 07:58 AM
My analysis of the US stock market for the month of February. Updated almost daily.
Feb 28, 20 07:53 AM
Here is the analysis for the Malaysian stock market for the month of February 2020. Updated almost daily.
Feb 21, 20 08:11 AM
Technical outlook for Frontken's stock price and stock chart.