We know it is the end of 2017, but what else? The streak of less than 2% (or more) dips, consecutive monthly gains, lower volatility and instant reward for the BTD'ers will end - but when? Expectation has been late Dec17 or early Jan18 for some time and now we're there. Any significant part of a decline is expected in January.
No need to call THE exact top. Use all available tools/guidelines to help with estimation. The brave can take a plunge, and the cautious can await a retest or new high followed by a dip/bounce.
I'd welcome a year-end SPX rise to 2700+ along with confirmation using RSI, MACD divergences. Keep an eye on other indices (Nasdaq 7030 and marginal high (or fail) by Russell 2000).
Enjoy the holidays and get ready for excitement in the new year.
No need to call THE exact top. Use all available tools/guidelines to help with estimation. The brave can take a plunge, and the cautious can await a retest or new high followed by a dip/bounce.
I'd welcome a year-end SPX rise to 2700+ along with confirmation using RSI, MACD divergences. Keep an eye on other indices (Nasdaq 7030 and marginal high (or fail) by Russell 2000).
Enjoy the holidays and get ready for excitement in the new year.
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.