The percentage of stocks of the 
SPX got above 80% last week. For the last 4 years, this has been a very good signal for excess and a correction is due.
Use this to find strength. The stocks that manage to stay above its 50-day MA may be the ones that lead the next move. At the moment oil, gas and some solar stocks dominate my watchlist. And I am a Bottom-Up trader.
Also, according to this breath indicator, the bottom already happened. Just like in 2020,
S5FI got below 2%. As it shows, it signaled the bottom.
SPX got above 80% last week. For the last 4 years, this has been a very good signal for excess and a correction is due.Use this to find strength. The stocks that manage to stay above its 50-day MA may be the ones that lead the next move. At the moment oil, gas and some solar stocks dominate my watchlist. And I am a Bottom-Up trader.
Also, according to this breath indicator, the bottom already happened. Just like in 2020,
S5FI got below 2%. As it shows, it signaled the bottom. Nota
Retesting levels, double bottom in SPX and S5FI?
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.