US markets sold off hard on Friday, DJI weekly chart ended with a very bearish candlestick, SPX and COMP ended also bearish. It appears to me this round of rebound probably comes to the end, downtrend is going to resume. Refer to below DJI weekly chart.
STI had a quiet week, was trading within its previous weekly range. Volatility is low.
Shanghai index was trading within its previous weekly range too. Market sentiment still bearish, with no signs for rebound.
For a trader, winning is extremly dangerous if you haven't learned how to monitor and control yourself.
The Secret Recipe: Trading Success = Winning Trading System - U
The Secret Recipe: Trading Success = Winning Trading System - U
Saturday, September 19, 2015
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment