This week started with lower gaps in all three major indices. Although the price tried to rally until Thursday, it seemed to act as a fake long-handling pump as Jerome Powell’s comments…
Tag: bulls
August 1st Market Update: The Bulls Are Winning Again!
The bulls came to celebrate this week, and what a party! The recession has been redefined, the market has ignored it, and new highs have been recorded against last week’s highs across…
Market Update May 30th – Bulls Rebound
After seven straight red weeks, indicators have found some much-needed relief from the bear market pain and it looks like short-term bottoms are inside. Whether the strength can continue in the coming…
Market update until April 25 – another tough week for bulls
This week concluded with massive selling pressure across all major indices. Thought there is little strength on Tuesday and Wednesday, on Thursday it cut the relay and all major currencies closed at…
Market Update Until April 4 – Build Week for Bulls
The week started off very strong, with all major indicators hitting their highest levels in early February. After Tuesday, the sellers gained control and the markets were sold off until Friday. However,…
Market update until April 11 – a frustrating week for bulls and bears
After the strength seen over the past few weeks, it is not surprising to see major indicators stall at key resistance levels this week. When we look at the daily time frame,…