S&P looks bearish for the following reasons:
-RSI @ the highest level in so long. ( overbought).
-stochastic: bearish crossover
-Bearish candle on Friday
- over extended ( far away from the moving averages).
We might see a pullback to 4550 level, before the end of the year rally.
Please note:
- I'm just sharing my view. it's not a recommendation for buying or selling.
-RSI @ the highest level in so long. ( overbought).
-stochastic: bearish crossover
-Bearish candle on Friday
- over extended ( far away from the moving averages).
We might see a pullback to 4550 level, before the end of the year rally.
Please note:
- I'm just sharing my view. it's not a recommendation for buying or selling.
“The fact is that if traders really believed that anything could happen at any time, there would be considerably fewer losers and more consistent winners.”
― Mark Douglas, Trading in the Zone
― Mark Douglas, Trading in the Zone
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
“The fact is that if traders really believed that anything could happen at any time, there would be considerably fewer losers and more consistent winners.”
― Mark Douglas, Trading in the Zone
― Mark Douglas, Trading in the Zone
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.