The market went up but looks weak - Weekly Market Roundup 3rd Mar 2019
Channel: Trading Profitably
Date: 04/03/2019

The market went up but looks weak - Weekly Market Roundup 3rd Mar 2019.

Instruments Discussed: $USO/$CL, $GLD/$GC, $SPY, $QQQ, $DIA, $IWM, $VSI, $AKR, $ALXN, $SAM, $NCLH, etc.

The market moved higher however several signs are showing that the upward momentum is reducing. It is not time to take shorts. However, it is time to protect profit in longs, especially in stocks that are technically overbought or fundamentally overvalued or both.

As usual, we also carried out the sector-industry-fundamental-technical top-down analysis to locate low-risk high probability trade opportunities where forces from industry, fundamental and technical are aligned together.

These and much more in this market roundup. Time to hit the play button.

This video is a demonstration of the way Superior Profit Community members trade Stocks and Stock Options using CUE systems to generate consistent profit from the market.