Most people have missed this rally which started at the beginning of the year and probably the most hated rally as of now. However, now the real question is how long this party will last!!! and how can we spot this? Below BPNYA chart is giving us some clues:
NYUD weekly chart is bullish as of now, expect a pullback to EMA(21) for buying opportunity. NYSE daily chart is providing excellent clues:
Weekly NYSE is not providing much clues here. Market appears tired and path of least resistance might be downwards in short/medium term, hence it is wise to stay cautious and ready to protect your capital.
Stay cautious and ready to act, Good Luck! Comments are closed.
|
Details
What is NYUD?
What is BPNYA?Archives
January 2020
Categories
All
|