Market sentiment ww29

only news and earning can move  the market, indeed, this week earnings really move the whole market, 2 sector start to shown gain which is energy and finance. Finance has been lagging since start of 2011, it is good to see its start to climb up. just need a little patience wait for retracement, slowly accumulate finance stock may not be a bad idea

Market sentiment ww28

Market has been going sideway since 2011, with plenty of negative news from Euro, US and china, expect market will going sideway the rest of the month of July.

Market sentiment ww27

Market rebounce strong from bearish to bullish last 2 weeks, the rebounce just like knife cut thru resistance, it has now above 50 SMA line and looking having some more leg to going upside. But a little patience is better to see follow up on next week after dissapoint NFP last Friday. Technically it is strong, but sentiment a bit caustiously bearish, but i assume people will buy every dip in the market.