MARKET COMMENTARY
The Dow had a good run amid high volatility. But the bullish euphoria sank after around 1 pm during the day. At closing, we basically have not seen anything particular useful technical setup for trading and for getting a glimpse at the likely new direction.
Just as yesterday, the Dow continues to swing within the [...]

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MARKET COMMENTARY
[Apologize for not making any update yesterday as there is personal matters to attend to which lasted till evening.]
Monday’s market lifted higher due to the plunge of the crude oil price and other commodities. However, it had given back most of the gain toward the closing, resulted in many charts displaying “shooting star” candlestick [...]

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MARKET COMMENTARY
The markets are not as hot as I expect to see on Wednesday. Although the major indexes made higher gains, they are still far less enthusiastic than it should. In fact, the volumes are all lower. This makes the bullish breakouts not trade-worthy, if they ever break. As I continue to study and analyze, [...]

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