Wednesday, August 7, 2019

US Market Session - What's Next Trump?








Last evening was one of the best session I had in the office. I shared some trading tricks and also some outlook for the market moving forward. The US-China trade war has caused dismayed to world wide markets and the market has been super volatile for the past 2 years. Everytime you thought there would be a recovery, the market tanked down again. Even last evening, the Dow Jones went up 300+ points did not help the STI much.





As you can see the Top Volume, most stocks are simmering and cannot move higher. It's telling you market haven't absorbed all the selling yet. Study the Dow chart and you will also see the buying wasn't strong which is also telling you there might be more downside. All in all, I was just pleased to share my views yesterday and looking forward to help more people in their trading/investments.

Ronald K - Market Psychologist - A Stock Market Opportunist