We had a great week. While many were bullish, we knew the in...
We had a great week. While many were bullish, we knew the indices were gonna break a new low. Because of the tell tale signs of a weak rally which was shared in the previous video!
Indeed we got a break of a new low! What to watch out for next week?! Everything to take note of is in this video! Watch it, then decide if you would like to stay bullish or bearish!
Morning after globex surged, spotted another weak rally and told the guys that it could sell off later which it dropped 170 points down from intraday's high. Is this the real rally now? or is it still a bull trap?!
Traps are very common now as we are approaching a potential bottom or at least a temporary bottom. So do be very nimble otherwise you will easily get caught in it!
Stocks tagged in the video all has their analysis done! Some are bullish while others are bearish. Do know your support/resistance to know your entry/exit!
As always, trade safe & invest wise!
Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos! www.youtube.com/c/investing101channel
$VIX Index Futures(AUG4)(VXmain.US$ $CBOE Volatility S&P 500 Index(.VIX.US$ $ProShares Ultra VIX Short-Term Futures ETF(UVXY.US$ $E-mini S&P 500 Futures(SEP4)(ESmain.US$ $E-mini NASDAQ 100 Futures(SEP4)(NQmain.US$ $S&P 500 Index(.SPX.US$ $NASDAQ 100 Index(.NDX.US$ $Invesco QQQ Trust(QQQ.US$ $SPDR S&P 500 ETF(SPY.US$ $Tesla(TSLA.US$ $Apple(AAPL.US$ $Meta Platforms(FB.US$ $Microsoft(MSFT.US$ $NVIDIA(NVDA.US$ $Advanced Micro Devices(AMD.US$ $KraneShares CSI China Internet ETF(KWEB.US$ $Alibaba(BABA.US$ $NIO Inc(NIO.US$ $Futu Holdings Ltd(FUTU.US$
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dwarrior : Appl is leading the way
Investing 101 OP dwarrior : yeah. some signs spotted already! lets see if it plays out
BruceLin8 Investing 101 OP : Bullish?
Investing 101 OP BruceLin8 : I was bullish until it broke new intraday high then beariat after that
Investing 101 OP : bearish
BruceLin8 Investing 101 OP :