S&P looks bearish for the following reasons:
-RSI @ the highest level in so long. ( overbought).
-stochastic: bearish crossover
-Bearish candle on Friday
- over extended ( far away from the moving averages).
We might see a pullback to 4550 level, before the end of the year rally.
Please note:
- I'm just sharing my view. it's not a recommendation for buying or selling.
-RSI @ the highest level in so long. ( overbought).
-stochastic: bearish crossover
-Bearish candle on Friday
- over extended ( far away from the moving averages).
We might see a pullback to 4550 level, before the end of the year rally.
Please note:
- I'm just sharing my view. it's not a recommendation for buying or selling.
“The fact is that if traders really believed that anything could happen at any time, there would be considerably fewer losers and more consistent winners.”
― Mark Douglas, Trading in the Zone
― Mark Douglas, Trading in the Zone
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.
“The fact is that if traders really believed that anything could happen at any time, there would be considerably fewer losers and more consistent winners.”
― Mark Douglas, Trading in the Zone
― Mark Douglas, Trading in the Zone
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.