Markets take a breather ahead of the official kickoff of 2nd quarter earnings season on Monday.
The mkt is up quite significantly in the last few days. does that mean, the 2nd qtr result is good and the institution know it already, or people are expecting that the 2nd qtr result to be good. Whatever it is, technical analysis will tell the story. Chart is the illustration of human behavior in the market place.If you know how to read the chart proper, it will be like reading a story book where you know the meaning and rational behind them.
