The epic comeback since Feb 11 had given us a impulsive structure that could lead to a longer term rally. The Feb 11 low is also a good candidate of a long term 4th wave pivot.
Near term the rally has stalled and so much uncertainty like brext vote could trigger a broad range risk off sentiment.
S&P is likely trading higher from here but a much sharper decline is ahead of us. Sell in May.
But remember to check back as there is going to be a good opportunity thereafter if you are the buy only investor.
Near term the rally has stalled and so much uncertainty like brext vote could trigger a broad range risk off sentiment.
S&P is likely trading higher from here but a much sharper decline is ahead of us. Sell in May.
But remember to check back as there is going to be a good opportunity thereafter if you are the buy only investor.
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.