"Good morning! As of August 7th, the global market sentiment is slightly negative (based on the Dow Jones alone), while the market trend remains moderately bullish. Therefore, whether it opens with a gap-up or down, it doesn't matter. If the initial market experiences sharp declines, we can anticipate a ranging market.
On the other hand, if the market surpasses yesterday's high, we can expect a continuation of the rally with minor corrections."
On the other hand, if the market surpasses yesterday's high, we can expect a continuation of the rally with minor corrections."