In both DJIA and SP500 the candlesticks are not confident showing the bulls are weary at the juncture when the stocs is showing that the conditions are overbought. Momentum shows that its weak hence either we may consodidate sideways or we may move down as far as price is concerned.
Gold and Silver are tending to show the same short term price structure as DJIA and SP500 and thus may move sideways or move down. Thus dont trade them - instead accumulate them.
No comments:
Post a Comment