The market outlook is Indecisive to bearish  - Market Roundup 11th Aug 2019
Channel: Trading Profitably
Date: 2019-08-11

The market outlook is Indecisive to bearish  - Market Roundup 11th Aug 2019.

Instruments Discussed: $USO/$CL, $GLD/$GC, $SPY, $QQQ, $DIA, $IWM, $HQY, $MNST, etc.

Though the market recovered from its low, the weekly backdrop color is remaining bearish. The sector analysis is also showing bearishness.

You may be cautious before entering the next long trade. Instead, you may get ready to short poor fundamental stocks in weak industries.

Whatever be the market condition, you can always find low-risk, high-probability trades in where the market, industry, fundamental, and technical forces are aligned. This week was no different. 

You may visit our forum (http://forums.SuperiorProfit.co) for regular and live examples of such 360° trade ideas.