Signal Update
Our system’s recommendation today is to BUY. The BULLISH STOP LOSS pattern finally received a confirmation because the values crossed above the Stop Loss level which was at 473.0900, and our valid average buying value stands now at 477.5000. The previous SHORT signal was issued on 03/23/2023, 4 days ago, when the index value was 464.6500. Since then ^DJUSFO has risen by +2.77%.
Market Outlook
We cannot deny bullish sentiment in the market anymore. It is wiser to hear the call of the market and change positions accordingly. The bullish stop loss is finally confirmed and a
BUY signal is generated. It may be now the right time to be part of this boost and bullish market sentiment by joining the growing bullish crowd.
more...