Market sentiment ww42

Market continue to push higher, with technology sector continue to push higher, this week will have heavy economic data, Asia market continue to strong, US futures continue to up... this week mark last week of OCT, a traditionally BEAR market... but we have already a 6 weeks rally.... will we push for 8 weeks rally ? till the mid term election ?

Market sentiment ww41

Falling dollar keep pushing GOLD higher and higher, all commodities continue their parabolic trend, think i should anticipate the trend too. Financial lagging the overall market, TECH stock continue to lead the market well, with many tech stock announce earning next week, i think DOW will move higher to April high of 11200.

Uncertainty

Market continue to overbought, it may stay overbought for quite some time, AAPL break 300 dollar, technology stock continue to lead the market. I reckon mild retracement next week . Best way to stay away from market either stay in cash or day scalp. Post profit counter made this week.

Market Sentiment WW40

Needless to say, DOW break 11000, just a little bit more to reach April high. QQQQ has been constipated for 10 days, it really depend on technology stock like AAPl , GOOG, YHOO to push the rally.... who know the market can stay overbought for how long.. earning kick starts, so i still judge an upside biased on the market.

Market Sentiment ww39

S&P 500 is on track to finish the month with a approx 9% gain, the best September performance in 71 years. The Dow's  gain approx 8% , the Nasdaq was up approx 12% strongly.. technology stock seems remain strong at the moment..


We are entering traditioanal bearish month, lets see will the market retrace or buyer continue to buy up the market, where the hell of sellers gone ?