In last week’s stock market overview, we saw numerous bearish indicators. Well, it seems like the market has rebounded well with three strong up days to finish the week.
The RSI bounced off the 50 level, which is a strong bullish sign. Watch for resistance from the previous support line, as indicated in the chart. […]
Last week, the market experienced its first major multi-day decline since the big loss in late February. Investor confidence has been fairly high lately with the market doing so well and continuously pushing new levels.
As I discussed in the last market overview, there are numerous bearish indicators in the market that have appeared:
Price has fallen […]
In the past two months, you could’ve thrown a dart at the ocean of stock tickers out there and it most likely rose. In the coming week or two, however, the saying “a rising tide floats all boats” may well turn around. If the market indices start breaking down, it won’t matter if you’re picking […]