Where will the market go now

My short answer is, it will most likely go up. I am still very vary of it, so I am leaving a good cushion for myself when I enter trades. SPY, RUT, NDX broke through resistance and will most likely go down a little bit and then continue the upward trend momentum.

I have a trade on GOOGL and expecting the tech stocks to also gain, this month at least. Other sectors also experience growth. As you can see from the finviz heatmap below, it’s almost all green. Basic materials are not doing well, but you can still trade some of the stocks there.

I personally like to trade Technology, Services, Consumer Goods, Financial sectors. I try to stay away from medical, pharma stocks.

 

finviz

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