Record breaking points with the Dow, S&P 500 and other indexes have traders and investors hopeful for the year. Indicators show that there are going to be continuous upward trends and a strong, bullish market throughout the year of 2018. With the rising markets, are also some points of speculation. Knowing buy and sell signals for the year will assist with a profitable year. Using a share market technical analysis will assist with informed decisions for the year.
The Dow has been the most watched market for the past two weeks, hitting record levels over 26,000. The strongest markets are with futures as well as industrial stocks. These upward trends are covering a variety of areas that are lifting the market. Gold, oil and other commodities are also taking a turn to an upward trend, offering a better and healthier market from last year. However, there are downward trends that are fluctuating with the currency market that create some questions of whether this is a slight pullback or will change the trends.
A share market technical analysis offers optimism for those looking at the short term moves in the market. The year 2017 was one which drove the stocks up and created a higher return. However, there is also speculation of whether this trend can continue. Many are stating that with the record breaking numbers continuing to rise will be a change which occurs in the future. Looking at potential leading trade signals to know when to sell is important for anyone interested in a profitable year.
The share market technical analysis will offer insight based on the past bullish trends. Many economists are concerned with other bullish markets, specifically with the Dow. Often, when things remain in these upward trends, it begins to change direction and move downwards. Many are not looking at the current market but are wondering when there will be a change similar with past indicators. Using lagging indicators that highlight similar patterns from the past are essential to look at. Leading indicators that predict trends before they occur also offer guidance with the current changes in the market.
This year, record highs and continuous, upward trends are reducing speculation. However, this means it is the most important time to be speculative. To build profitability, traders and investors are required to look at when the trends will begin to reverse direction. Using a share market technical analysis as well as leading indicators offers guidance with the 2018 market.
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