Business Magazine

Stock Market Update: Equities Nearing Stop Area

Posted on the 13 January 2014 by Souljester @souljester618
Equities are close to breaking down. Structure is still bullish. I am honoring the stop level on the short term bull structure. The 21 EMA is right below us. I am looking for risk on as long as this area holds (broad 1830 is the bull bear battle line). Chart: Stock Market Update: Equities Nearing Stop Area This is just discipline. Until this breaks bearish, I am honoring the bull trend and structure. Bears need to break a pivot low to secure further downside. Until it breaks, bulls could ramp this. There is always a bear path and a bull path. We cannot know which path our future will choose. As always, do your own due diligence, read the disclaimer, and make your own investment decisions. Peace, Om, SoulJester

You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

Magazines