Why I think U.S. market is on a reversal now



Posted by lionel319 @ Sat 09 Aug, 08, 10:10AM under Investing


"...... and here's why I think the market is already on a reversal from Downtrend to Uptrend.
US Dollar shows significant strength.
Oil and Gold gets beaten up badly.
All 3 major indices are holding strong on their support trendline.

The thing is, everything seems to be in an overbought condition.
I'm foreseeing a pullback in the near future. That will be a good time to go for LONG setups......"

 

 

read the rest of the post here

 



leave me a message
Name
Enter the Code below
(only contain alphabets):
Website
Rating Worst Best

Search

Back to TextMalaysia Home
TextMalaysia.com is Powered by TinyMCE

Subscribe to this blog
RSS Feed for lionel.textmalaysia.com
Categories
Archive



© TextMalaysia is a free blogging service powered by WSATP