So, we've had the relief rally from the March panic lows.
"Market Internals" are now displaying everything other than strong, healthy bull market characteristics...
(look 'em up)...
This means a sustained rally from here is currently unlikely.
First thing to be tested , is obviously the March lows, probably by June/July time.
With the expectation that we drop more into the Fall period.
Obviously, I could be completely wrong.
But right now, if someone keeps coughing in your face, you take a step back.
"Market Internals" are now displaying everything other than strong, healthy bull market characteristics...
(look 'em up)...
This means a sustained rally from here is currently unlikely.
First thing to be tested , is obviously the March lows, probably by June/July time.
With the expectation that we drop more into the Fall period.
Obviously, I could be completely wrong.
But right now, if someone keeps coughing in your face, you take a step back.
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Pubblicazioni correlate
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.