Sunday, July 31, 2022

Dow Jones - More Like A Technical Rebound

What does this stock chart says?

Chart wise, DJI looks like a technical rebound.

To earn money, Market Maker need to buy low and sell high.  

Don't ever assume that interest rate hike will keep the market down as Market Maker will suddenly twist the tide and the news will follow. 

As Market Maker have accumulated from the recent low, we are likely to see distribution mode which mean price action likely to move sideway and spike once a while.  That is my guess only as it is not possible for know their exact market strategy.



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