Sentences with phrase «return of bullish momentum»

Not exact matches

Nevertheless, even if the best scenario does not play out, we at least want to see some type of bullish reversal candle before buying because it would confirm near - term momentum has returned to the bulls.

Indeed we propose a simple model of the price dynamics in which the return growth depends on three components: a) a momentum component, naturally justified in terms of agents» belief that expected returns are higher in bullish markets than in bearish ones; b) a fundamental component proportional to the log earnings over price ratio at time zero.

Although neither of these indicators imply a bullish breakout, they suggest that momentum is returning to the market.