US30 companies has cooled down a bit this past few weeks -- warranted correction caused by the overheated valuation of the top 30 companies in the US.
Based on recent data metrics, it looks like the much needed market hibernation has been factored in already, and its ready to grind again. Upside continuation is to be expected from the current levels of 39000.
We maybe seeing new highs again soon as current price movement is already hovering at the peak resistance line -- a thin poke will just squeeze this further up.
Most major companies are starting to report rosy figures already which is good for the overall market.
Spotted at 39500.
TAYOR.
Based on recent data metrics, it looks like the much needed market hibernation has been factored in already, and its ready to grind again. Upside continuation is to be expected from the current levels of 39000.
We maybe seeing new highs again soon as current price movement is already hovering at the peak resistance line -- a thin poke will just squeeze this further up.
Most major companies are starting to report rosy figures already which is good for the overall market.
Spotted at 39500.
TAYOR.
トレード稼働中
Inching closer to 40k area now.HOLD.
トレード稼働中
Time to exit this trade. Based on long term metrics, an exhaustion has been spotted.I'll reset when the opportunity re surfaces again.
No positions now.
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