. Sustainable ? Is Questionable !
. Any negative news will set off profit taking and an excuse to sell.
. I don't think seriously anyone is investing for the long term.
. Either they are sidelined or waiting for their price.
. Further more it has risen on declining volume.
. Unless the market suddenly turn speculatively bullish which
. Technically there is no reason to be so.
. At the moment it's all sentimentals and day trading
. It will be a case of selling into strength,
. Respect major resistance levels.
. Expecting this rally to last not more than 3 days.
. Before A correction to this rally or a decline further
No comments:
Post a Comment