THE BANKS GETTING BAILED OUT WON'T CHANGE MARKET DIRECTION...
SPX direction is still headed down.
Net volume down + increasing price = bearish divergence.
My call is still 3050 = .618 Fib support from ATH.
SIVB and other banks getting bailed out won't change this effect.
Just a few weeks ago, banks were "fine" and the direction was still down.
Massive bearish pennant broke, noted by green arrow.
Short term price action is all smoke.
Net volume down + increasing price = bearish divergence.
My call is still 3050 = .618 Fib support from ATH.
SIVB and other banks getting bailed out won't change this effect.
Just a few weeks ago, banks were "fine" and the direction was still down.
Massive bearish pennant broke, noted by green arrow.
Short term price action is all smoke.
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.