HomeMarketsIndicesMarket Sentiment Needs To Turn Back To Optimism

Market Sentiment Needs To Turn Back To Optimism

We still remain in an intermediate-term downtrend in all majors, notes Joe Mazzola. He and Kevin Gordon discuss key levels to watch in the markets. Mazzola highlights that the drop in yields continues to aid the markets. Gordon mentions that no stock market advance is perfect, and the recent boost has been a bit messy. He suggests that the sentiment needs to turn back towards optimism and the underlying breadth metrics need to improve for a rally to be sustained. Tune in to find out more about the stock market today.

Market On Close

07 Nov 2023

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