DJI - choppy and bear run still Phase 1
DJI Expect profit-taking when market opens today. There will be little conviction for buyers to hold over the Easter weekend due to Covid situation.Market will consolidate next week post-Easter looking for more good news re Covid to break 23,000. The overall bear market is still in Phase 1 and any near-term rebound will be short-lived. As the reality of "new normal" kicks in, market will nosedive into Phase 2 of the bear run. On the look out for any SHORT opportunities as market rebounds.
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