Europe helped to reverse regional sluggishness. Main driving force is HS. See tweet.Fkli managed to reverse losses in early part of the week to finish +4.5 this week. Fbm +5.
From possible breakdown scenario to possible breakout scenario, the ball is back in bulls’ hands. A firm opening on Monday could very well set the stage for a breakout above the ultimate resistance 1200.
Anticipating higher mkt first till technical tell us otherwise. A buy mkt if above short term SMAs.
No comments:
Post a Comment