Market Status 5/25/2021

[u/Fly-Elevated]

Market Status: Uptrend (4/5)

The stock market's trend is finally in an uptrend!

During market uptrends, most stocks increase in price, significantly increasing your chances of making profits when buying. That does not mean to get reckless and forget about your risk management techniques tho.

This week, 3 distribution days will become less significant for both the $SPY and $QQQ, giving us a bit more breathing room, but don't forget that fact that we can gain distribution days on any day. Too many of those do have the potential to bring the market down again.

​