Stock market: battle 2741

Posted: February 5, 2019 in Uncategorized

As my clients knows the pivot battle of this counter rally is 2,741 (SP500- MDA 200).

This is critical for the market as at this stage is a Bull Trap market with a top extension to 2,810 before rolling over again with target 2,350/2,200.

Time will see if favourable outcome just make it range bound 2,800/2,600, but ta the moment that is what the chart say.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s