Last week's Bull run over? (at least short term) US markets had a great bull run last week as a result of the big banks reporting earnings. Has moment dead out, will we see markets coming under pressure this week? About 75 companies reporting earnings this week i.e Netflix, Johnson & Johnson etc...
Where is the trend going further down, before turning upside. I m hoping to close my old sell positions with the minimum loss
NkosanaMotsitsi
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@intelligentLio33813, Given that it's been earnings season for the past two weeks with companies reporting strong earnings and pushing all indices to all time highs. We are starting to see slight weakness at current price, however, it's hard to say if price will reach the 35000 zone. We will wait to see if prices comes down into our buy zone (Blue area) before looking at taking another long positon