Does the market open lower in the morning then close higher at the end of the day?
Markets that consistently open lower in the morning and close higher at the end of the day confirm a bullish trend. Institutions will usually make major buying and selling decisions in the last hour to hour and a half of the day. If they are buying at the end of the day on a consistent basis, it is positive for the market. Markets that open higher in the morning and close lower at the end of the day are just the opposite and could be a sign that the market is overvalued or in a negative environment. How does the market react to the news? It is very important to watch how the market reacts to news. If the market is in a downtrend or a bear market and it no longer goes down on bad news, then you are possibly nearing a low. It is even more positive if you have plenty of bad news and the market goes up. The opposite is also true. When a market continues to drop when all the news is great, watch out! Finally, here are key points to keep in mind: 1. You want the volume in general to be highe
