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 bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam 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 bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.