Monday, October 29, 2018

Top Volume - Market Rebounds






I am not sure why the market rebounded but it could be due to the demand zone increasing attracted buyers who think that the market at this level is cheap now and hence started buying. Many stocks gap up from their closing off from last Friday even the Dow was down -296 points. Suddenly most of the banks started to rebound too from last Friday's sell off and UOB is leading the charge. I am monitoring for good signals before buying.

Ronald K - Market Psychologist - A Stock Market Opportunist