IBD: uptrend confirmed.

IBD changed the status of the market today from `` market in correction" on "the market confirmed the upward trend" and recommend starting moderate purchases. Yesterday was a shock day for all indices with increased volume, which indicates the beginning of institutional purchases.

Globally, it can and up, but, I think, Not today, tomorrow may be a minus day, as the potential for profit-taking has already accumulated from those who bought below. That's why, while preparing for short-term shorts, although I do not recommend it to others, since the late stage of correction (if now, really, she) most dangerous to play short, because stocks on the enthusiasm of the crowd can rise very strongly in a few days.

  Came back for a short time...
Scroll to Top