Breakout Or Bull Trap?

Breakout Or Bull Trap?

Is the Stock market breakout signifying that this is just the beginning stages of a massive bull rally? Or is the stock market performing a massive bull trap that inevitably leads to a crash.

In today’s daily stock market brief we look at both the ways to interpret the charts, both from the bulls and bulls perspective.

Lots of crazy political headwinds hit the markets in the face today. It seems that all news is good news these days. Time will tell when we get some clarity. For now, we have charts and need to be more tactical than ever.

Stock Market Chart Deck

Written by
Michael Silva