Indeks S&P 500
Singkat

SPX - Time for a correction?

175
To make it very simple,
Prices have been going up very nicely those last few weeks and months.
Everyone is happy but as we know that can't last.

OPEN seems to be the latest pump and dump and it's just another sign of a coming correction imho.

Most stocks I've been following have reached resistance zone, levels where profit taking is very likely.

$S&P500 seems to have made a fifth wave, RSI divergence is present and confirming that.
It's difficult to pinpoint the exact top of course so I'm giving myself some leeway and use a small 1% stop loss in this case.

Penafian

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