Market Review (12/06-16/06) and Outlook
After four days of continuous gains, the three major indices collectively fell on Friday with a significant increase in trading volume. I really dislike this kind of sharp decline in trading volume, it is the most pessimistic signal in my opinion. But Friday is also the fourth Uncertain Signal Day, and I find it difficult to explain this situation...
For next week: The most likely initial action will be a continued correction or consolidation, and then an upward trend again. In any case, I am optimistic and continue to hold a bullish outlook (because there are insufficient reversal signals, one should only take action after seeing them).![]()
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