In my opinion, the bear market is about to end!

21 déc. 2018

The analysis were done on a 1W time frame chart. Big time frame chart, shows that the overall market trend is Bullish and the recent sell off is nothing but the natural phenomenon of all the markets in our history. Recently the US stock market was VERY overbought and the Sell off was certain (Despite that media is blaming Trump, the Fed and everything but truth, and they would, because those people never trade, they just talk). So, million dollar question is: where is it going to stop? well nobody knows, but the probability is the card which we can play with. If you look at the market, the 200 MA was anchor for many Sell offs and corrections (and it would be, these are the strongest levels in the recent history). This is the technical part (sort of). The fundamental part is logically makes sense, the US economy is doing Good, Fed is trying to be in a harmony with the politics (Recent slow down of a paste of a Interest Rates hikes), Trump is bombarding importers like China and EU, so American businesses are going to have an edge over their foreign competitors, which will Boost their profitability and most importantly for us, yes you have guessed it right THEIR STOCK PRICES.
OK guys, I have tried to express myself short and simple, hope you got it!
Take care and be SAFE out there!
Cheers!