Entrepreneur
Kurra Bewarse Username: Entrepreneur
Post Number: 3297 Registered: 05-2011
Rating: N/A Votes: 0 | Posted on Tuesday, March 02, 2021 - 6:47 pm: | |
Tuesday Market Close Update: Uptrend under stress. 1. Friday SPX closed at 3811. Monday went to a high of 3914 and closed around 3902. Today dropped to 3876 rallied to 3902 closed at 3870 Monday - It absorbed too much buying. Today it could not maintain/sustain it. 2. At this point it is kind of very mixed and direction in doubt. The decline is not whole sale but very uneven 3. Be pragmatic and ready in either direction. Take profits and be very very selective in the stock picks/buying. 4. Prepare your watch lists with stocks nearing to buy points (You can aim fire if there is a bullish move) |