Day: March 19, 2020
Oversold and Overbought
03/19 Obviously, markets need to balance out overbought in consumer staples and healthcare and oversold in energy and consumer discretionary. Overall condition is still weak. There were many actions f...
Watch Out Dow 18000 Rebound / Support Level
03/18 Dow Jones began its free-fall journey since 02/24 for the 4th week with -32% drop. It is time to arrive multi-year rebound or support level: 18000. This level was 6-year rally top (2009-2015) an...