Trading Log:correction week next week
All signs are pointing to next week being correction. brbrSpy,eem and qqqq still do not show signs of weakness but do watch out for any break in trend. Guys with sizable profits may be wise to take part of it. brbrGdx looks poised for a big move up if it holds the support at 38. Else the move down could be drastic as well. brbrHeres hoping that wwdc at Apple next week will bring some positive influence on apples share price.
Related posts:
- Trading Log: The week ahead
- Trading Log: $GDX,$USO looks a good play for next week
- Long Term Market Analysis: The important 43 Week MA $SPY $EWS
- Trend Watch: Singapore Market still looking for that correction
- Long Term Market Analysis: Odds of a bear market trend versus a correction is higher and higher $SPY $EWS
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