As mentioned, we're seeing a cautious Rally in the markets!

Mysfft
2022-06-02

As mentioned in my preivous post, we are seeing a cautious rally..
For the time being at least till the end of this week, we could possibly see a healthy pullback towards the 3980 level.After that, possibly see a re-newed bounce.

https://www.tradingview.com/x/Re9ths1C/


#trading #investing #technicalanalysis

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Comments

  • Asphen
    2022-06-02
    Asphen
    yes. v cautious indeed. which is good as bears take the lift down whilst bulls take the stairs up.
    • AsphenReplyMysfft: 
      yup. I'm still expecting a crash in 2023 though to usher in the bear market.
    • Mysfft: 

      Market is always consolidating at a key level. We are indeed at a longer term key level here.


    • AsphenReplyTargarean: 
      😀
    • Targarean: 
      This must be one of the best phrases ive heard on Tiger. Well done 👍🏼
  • WH the great
    2022-06-02
    WH the great
    Hope this is real to start getting upward
    • Mysfft: 

      I still think it's too early to call for a real recovery.. No one can catch the bottom and tops but we can try to come close.

  • ElvisMarner
    2022-06-04
    ElvisMarner
    I hope stocks find support below as quickly as possible.
  • LouisLowell
    2022-06-04
    LouisLowell
    Thank you for sharing your point of view, it helps me a lot.
  • DonnaMay
    2022-06-04
    DonnaMay
    Do you think the stock market will hit another low?
  • Targarean
    2022-06-02
    Targarean
    Slow and steady, mate
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