is this a stock market top
"is this a stock market top"
in the news is this a stock market top? What this all about..... See below.
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Sentiment Trader can see alot of people and gossip about the stock market.
Everyone are expecting the stock market to ROCKET up higher here, right after we have just RALLIED up 10%.
The market however might be nearing a "trading peak" of sorts, according to one equity strategist whose short- and intermediate-term models are pointing to a dip afoot in the next couple of weeks.
Now, of course, That doesn't mean a correction has to happen, the market appears to have used up most of its "internal energy." in the last few weeks, so we will see what we get. ==> WE WILL KEEP OUR MEMBERS ALERTED HERE!
Now that trump is in, there is a weird tone in my mind, because it appears the market would have a window of "downside vulnerability," that is if TRUMP cannot promise on what he wants to do in MEXICO and with the US economy. There could be violent downside risks at the moment. Again, we have not seen it this week.
right now, navigating the market to flying an airplane, "when you are in the 'soup,' and have no visible horizon, you have to trust your instruments. The same is true for the stock market; you have to trust your instruments in 2017"
Its a very smart practice here to use stop-losses religiously, on their positions or trading out of speculative positions in the case of encountering such a near-term pullback. A stop-loss order automatically sells out of a trader's position at a certain downside price, hopefully limiting that trader's losses.
Here is a CHART of the market, its basically
This is quite interesting.
Some market strategists at this point have called the market overbought, having run too far, too fast, in the wake of the U.S. election. The S&P 500 and Dow Jones industrial average have risen 7 percent and nearly 10 percent, respectively, since the election in November, the Dow breaking through the 20,000 milestone on Wednesday.
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