Stay Up to Date with Robin's Market Updates

From 1 June 2018, live market updates from Robin will only be sent to subscribers via email.

To continue to receive the latest updates, please subscribe.

Monday, April 28, 2014

Market Outlook 26 April 2014 - Some highlights

A dangerous and toppish year for US stocks this year. While the fundamentals economic indicators are all pointing up, the charts are showing possible inflection point. While Dow Jones and S&P is still on the uptrend, Nasdaq has broken down from its uptrend channel and trading below 100-MA. Nasdaq has tested the 4,000 level support third time in the last 4 months and that forms a significant bottom for 2014.


All posts and charts are for educational and illustration purposes only

No comments:

Post a Comment