While this still has a long way to go before getting back even half of the previous eight sessions of losses, three days of gains is a good start.
So, it was actually refreshing to see the market maintain its composure this time. A calm market is a bullish market. The index broke through 4,200 support/resistance and now rests just under the 200dma. It wouldn’t surprise me to see this rebound run into some headwinds.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bear Squeeze Remains in the Offing as Stocks ReboundStocks Analysis by Jani Ziedins covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Jani Ziedins's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »
Bear Squeeze Remains in the Offing as Stocks BounceStocks Analysis by Jani Ziedins covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Jani Ziedins's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »
The Bears May Get What They Want: A Market CrashStocks Analysis by Avi Gilburt covering: S&P 500, iShares Core S&P 500 ETF, SPDR® S&P 500, S&P 500 Futures. Read Avi Gilburt's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »