Market Report Apr 18 2023
The market's job is to move up with the least number of investors onboard at that time.
Do not be deceived by a market that previously displayed strength.
Yesterday we had a green day but price is currently in balance.
U.K. Just about managed to show green while France and Germany did not.
Most sectors had a positive session.
VIX is now below 17.
The market maybe concerned or apprehensive about going into earnings, or the possible rate hike or recession, or one of the numerous other factors that are always surrounding the market.
Our concern is what is the market going to do next?
Let the market show its hand, then make a decision.
We need the Doji breakout/breakdown then we can decide our position.
Javid
Let's go trade!