MARKET SENTIMENT - Have you board the boat yet?

Have you board the boat yet?

I am one of the few who call for buy on dips during the last correction in August. 

Read this, this, this & 11% in 2 months !!.

http://mmltrader.blogspot.sg/2015/08/market-sentiment-24-august-2015.html
http://mmltrader.blogspot.sg/2015/08/market-sentiment-31-august-2015.html
http://mmltrader.blogspot.sg/2015/09/s-500-1st-support-level.html
http://mmltrader.blogspot.sg/2015/10/i-put-my-money-where-my-mouth-is-11-in.html

June 2015, my short term market sentiment had changed from "bullish" to "cautious". Read THIS.

http://mmltrader.blogspot.sg/2015/06/market-sentiment-7-june-2015.html

Market went into correction in August. Does this happen by chance?

TODAY, my short term market sentiment had changed from "cautious"  back to "bullish".

Are you going to board the boat this time?

If you have miss the opportunity to buy on dips in August. This will be your 2nd chance to buy.



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Market approaching resistance

Approaching resistance. S&P 500 have went up for consecutive for 6 weeks.
based on the chart, these 2 weeks will be very important. 

The good fundamental stocks i have scanned out last week are at their resistance too. Waiting to break out while want to price in the interest hike in December as last Friday, US jobless rate drop to 5% and US economy add 271k jobs in October. 

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Most of the good fundamental stocks are waiting to break their highs. 

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