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Market updates 7th July 2021

ACYWillllllllll (ACYWillllllll)
Jul 07 2021 at 00:18
4 inlägg
Surprise! Surprise! Surprise!
New highs, crash, and back up like a rocket all in one New York trading session.

The bounce was much reduced for the SP500, and especially for the Dow Jones. We are getting early warning signs of a potential major top in stocks. If we experience a new low below that seen just yesterday, and a NY close below there, then this would be a very strong signal indeed.

This is not a market to step away from. Active management of portfolios is essential at this point. The current situation is perhaps setting us up for the trend direction of the next six to eighteen months

There is a great chance that was the top for this great Oil bull market since those negative lows.

This forecast is based on both the price action behavior of the past week, what a reasonable correction to the huge trend from sub-zero would look like, and, the fundamental upheaval in OPEC perhaps freeing up production. While at the same time, demand could be foppish due to the extreme prices now being seen at the fuel pump.

Bilagor:


LukeRachel
Jul 31 2021 at 13:14
459 inlägg
What do you think of the current price situation?

ElsN55
Sep 30 2021 at 19:22
6 inlägg
The market is changing, with the last couple of years being particularly strong and vivid - let's see what happens next.

Shardie
Sep 30 2021 at 19:23
11 inlägg
News, news, news.
Fundamental analysis now offers many surprises.
Just time to take advantage of new opportunities.

CraigMcG2020
Oct 01 2021 at 06:51
194 inlägg
Shardie posted:
News, news, news.
Fundamental analysis now offers many surprises.
Just time to take advantage of new opportunities.


for sure the swings are a lot more volatile that is also due to the lower amount of liquidity so there isnt much resistance either way. This week has been much more liquid so interesting to see how NFP reacts this month

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