Market back near HIGHs but volume is low suggesting current rally is supported on lower volume. Earnings season is almost over and could not provide much needed push to this market. Geo-political issues are also keeping lid on this market. Where is all this leading towards!!! and What can we expect in summer months?
Market is moving in a narrow range and trying to hold near recent HIGHs. Earnings season is winding down and has not yet provided much needed push to this market. Also geo-political issues are keeping lid on this market making it more vulnerable to downside. What shall we expect in coming weeks?
Market has been trading in a range from early March of this year and having hard time to breakout or breakdown. Earnings season is not providing any convincing push higher while geo-political issues are keeping a lid on this market. What is most probable scenario in near term?
Earnings season is underway and has NOT been spectacular so far which has caused this market to go choppy in a wide range forming a megaphone type pattern. Also Ukraine situation is adding more fuel to this choppiness along with seasonal weakness in the month of May. What shall we expect in near term?
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