Markets are rebounding after a week of loss

After a week of loss, markets appear to be recovering a bit. Looking at trade volume & the most recent trade & buys (via candlestick chart), the market is still considered mostly neutral, if not just slightly bearish. If previous years are any indication of the market cycle, it’s likely that there will be a bullish market again in the next few weeks and into the 2018.

For a quick cheat sheet on how to read candlestick charts, see here: Candlestick Cheat Sheet.

 

 

* This should not be considered investment advice and analysis of the charts & market are opinions, not recommendations of investment.