After a period of distribution and major market players have sold all they are going to sell, the major market players will either load up on 'shorts' for a down swing or wait for a time to re accumulate 'longs' for higher prices, as this is one week before US elections you can understand that the major market players have yet to decide which way it will go.
NYSE (1800 to 3000 stocks) : No new highs, sideways action, supply keeping the market down.
Russell 2000: No new highs, sideways action, supply keeping the market down.
Original Post: http://ift.tt/2fhVmyv
No comments:
Post a Comment