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The last couple of days its stocks have been in a bearish trend, but it seems now that they have reached the MA 100 with a bullish candle. If...
There is a clear bearish trends in the SPY Index.
This will be confirmed when the MA 20 and MA 40 intersect.
After this, they will probably go down several points, but it is important to keep in mind the past bearish floors in order to look for a potential buying opportunity.
It has not been a good couple of months for the Stock exchange, but this will only...
The short term bearish trend challenged all the floor lines that were suggesting an upward trend.
Now it is time to wait for it to either truly reach the MA 40 or to actually touch the MA 100.
If it touches MA 100, would suggest a BUY opportunity based on my experience. However, it is always wise to wait for a bullish candle before making a decisions.
PD:...
