Despite continued negative sentiment and talks about deep correction this market won't go down until the technology sector remains afloat. The price is channelling up and if the breakout happens it would be a very bullish event. A breakdown of the channel would lead to a liquidation move. That would drag the broader market down. The big tech companies: AAPL, MSFT, GOOGL, FB, AMZN are all due to report by the end of the month. Until that event out of the way we may not see large moves. This is the current backdrop to keep in mind.
Day trading offers traders opportunity on both sides.
10/20/2019
Day trading offers traders opportunity on both sides.
10/20/2019
