Friday, March 27, 2020

Dow Jones - Bulls Coming Back?





The Dow Jones surged back the past 3 days where it recovered 21% where the bulls looked like it won the battle temporarily as the bear slowly retreated. However it looked as if like the bear might be coming back for the one last time before a stronger bull market is formed. The Dow Jones recovered 1300+ points last evening as the bulls tried to fight back hard. I traded some US stocks as usual and my profits escalated every night. I prefer contra trades as the market is not yet stable and still possessed some form of risk. Until I see a clearer picture with the dust settled, I will then go for a larger swing with bigger positions down. Stay tune for my next big trade.

Ronald K - Market Psychologist - A Stock Market Opportunist