Today, the market seems to be holding back for a big move. The trading approach has shifted from previously high-altitude positions to now more long positions at lower levels. If we look at the weekly chart, this wave is likely to go above 75,000.
Many retail investors are shouting that the bull market is returning, but has the bull really come back?
Since the bottom at 59,800 on February 6th this year, the rebound wave has not been very obvious. Now, looking at the weekly chart, we can already see some signs, and the upper channel has opened up. This rebound is unlikely to reach 80,000; at mo
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