Market Sentiment – Aug 8, 2024

After the initial fall in August the Markets and Sectors are choppy within a small range, especially this week. The risk reward is not favorable on either side at the moment.

Source: stockcharts.com

Market Sentiment was the same across all market caps. While individual stocks in certain segments moved overall it has been in a tight range this week till closing on Thursday.

Source: stockcharts.com

Sector Sentiment was no different than the Market Sentiment with almost all Sectors trading in a tight range for the last four days.

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