Another day, another "coincidence"
I love following the SPX for many reasons, namely to help me understand market sentiment and price movement in the short/medium term. A lot of investors neglect how conclusive the indices are. My favour ways to gauge and draw conclusions from this index are:
- Using old ATH's as reference points for future support/resistance
- Paying attention to where it gaps up/down and off which reference point
- Look at the size of the candle sticks and for classic candlestick patterns. Namely doji, hammer, hangman, engulfing(s), and harami(s)
- RSI + Squeeze to understand market sentiment and price movement. Quantitative collusion of "how" bullish/bearish the market is
- How all the above ties into current news + politics
I love following the SPX for many reasons, namely to help me understand market sentiment and price movement in the short/medium term. A lot of investors neglect how conclusive the indices are. My favour ways to gauge and draw conclusions from this index are:
- Using old ATH's as reference points for future support/resistance
- Paying attention to where it gaps up/down and off which reference point
- Look at the size of the candle sticks and for classic candlestick patterns. Namely doji, hammer, hangman, engulfing(s), and harami(s)
- RSI + Squeeze to understand market sentiment and price movement. Quantitative collusion of "how" bullish/bearish the market is
- How all the above ties into current news + politics
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.