Market momentum has shifted to positive, with more stocks rising than falling. Over50% of stocks are now holding above their short-term trend, signaling continued improvement.
Additionally,breakouts are outnumbering breakdowns, a promising sign. It will be encouraging to see these numbers sustain and firmly move into positive territory.
Momentum Trader : Slowly and surely grinding up for a Santa new year rally
Nigel Chong 庄证评 OP Momentum Trader : Hopefully let the price action lead us!