A level of important trend formation when once formed tend to persist until evidently proven reversed. A bullish trend allows price to move higher highs and higher lows over a long period of time.
A level of important trend formation when once formed tend to persist until evidently proved reversed. A bearish trend allows price to move lower highs and lower lows over a long period of time.
U.S and China Stock Market
The U.S Stock market broke down its support at 24,000 and is now at and edge of breaking down its Year 2018 low. The China Stock market broke down its 1 year low yesterday and continue to crash downwards. Technically bearish trend remains intact. More lower lows to be seen.
Malaysia Stock Market
The Malaysia stock market recently broke down its 1 year low in the Year 2018. Stocks have been seen beaten down followed by rebounds. Trading for rebound will be short lived. Hence know when to Hold’em know when to Fold’em. Bearish Trend remains intact. More lower lows to be seen.
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