In this part I have looked at the nasdaq, S&P 500, UK, EURO & GermanDAX.
nasdaq is showing distribution signs after a parabolic move to all time highs. This is a clear sign of a sharp reversal in the coming weeks.
S&P is seeming like a false breakout and/ or short squeeze on a very conveniently timed vaccine news.
Euro, UK & GDAX are at very critical supply zones and it would make the most sense to turn downwards from here. However, a violation of these levels means bear thesis is probably off the table.
I welcome all sorts of feedback ! thank you :)
nasdaq is showing distribution signs after a parabolic move to all time highs. This is a clear sign of a sharp reversal in the coming weeks.
S&P is seeming like a false breakout and/ or short squeeze on a very conveniently timed vaccine news.
Euro, UK & GDAX are at very critical supply zones and it would make the most sense to turn downwards from here. However, a violation of these levels means bear thesis is probably off the table.
I welcome all sorts of feedback ! thank you :)
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.