It comes earnings season with a very good results expected. The DJI was presenting a consolidation triangle which was broke last Thursday, one day before the first earnings results. As expected, the first results were very good but there was a drop in the stock market due to geopolitical fear, remember trade of rumor sell the fact. This generated fear in the market as the big players start to buy while people sell out of fear to take the indexes to historical highs with this earnings season.
The big players have to sow fear to buy.
KL: 24,470
SL: 24,150
TP1: 24,800
TP2: 25,300
TP3: 25,750
TP4: 26,600
TP5: 27,000
TP6: 27,300
The big players have to sow fear to buy.
KL: 24,470
SL: 24,150
TP1: 24,800
TP2: 25,300
TP3: 25,750
TP4: 26,600
TP5: 27,000
TP6: 27,300
Comment:
TP1 reached!
Trade closed manually
