Bullish market today after the Fed made some changes yesterday and the market reacted to it, especially the banks. Most blue chips trended higher while the penny stocks take a small breather. The Top 30 Volume has lesser medical stocks today which implied that it's currently not moving and it's the big powerhouse that is in play. As usual, it's always a good day to be able to make predictions before it happened as we traded and made thousands last evening.
http://ronaldkstockmarket.blogspot.com/2020/08/delta-airlines-trading-training-and.html
The STI chart is also quite beautifully setup after a scary drop and flash down yesterday. Many retailers threw to only realized that the market bounced and gap up today. You seldom see banks moved so much and you seldom see STI moved 48 points one day and today is the day with all the great signals.
Ronald K - Market Psychologist - A Stock Market Opportunist
