The market is forming an Ursa Minor pattern which denotes there will be a long buying period in the low for nearly half a year. That is why when TSLA and AMD dropped dramatically, the writer still told investor it is not the time to buy since January, now proved correct.
This week, DJIA and S&P rebounded above the 250-SMA, but NASDAQ still under. Focus should be on NASDAQ, for the rise of the market was generated by AI and chips during the past 2 and a half year.
When gold price continue to go up, it represents the market is in doubt of the policies of King Donald. He is a-changing every day. Now the focus is on April 2nd tariff, we have to read carefully what his ultimate target will be. Buyers need not to be in a hurry. It is no wrong to start buying now but the second buying should be done after April 2nd in order to lower the risk.