If you guys have checked out my previous 938 Live FM post, you would know that I had mentioned a pullback was due. It has occurred.
Here is an update to our current markets.
I would love to see a few more days of pullback or sideways consolidation before the next run. The pullback is a good opportunity to take up some long positions.
Dow Jones Averages Industrial Average:
I have taken the effort to show clearly on the chart that Dow Jones had been on an uptrend. Same as Straits Times Index, I would love to see a few more days of pullback or sideways consolidation before the next run. The pullback is a good opportunity to take up some long positions.
Waiting for profit-taking session to end. Once I see a confirmation white candle with strong bullish momentum, I will take up more long positions.
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