Stocks continue to rip and it really seems they are trying everything possible to close the Coronavirus dip. We have only 200 points more to go before reaching all time highs again.
Although the S&P 500 has rallied prolifically,it is facing some consolidation which is normal after such a big move. Notice how the it found resistance exactly at our Fibonacci Extension level. If you are not paying attention to our commentary and levels, you are losing money! It is really tempting to fomo into a trade here. At least try to get in on the lower bound of the range. The Kovach OBV is still very strong but the Kovach Chande has fallen back indicating a buying opportunity.
Although the S&P 500 has rallied prolifically,it is facing some consolidation which is normal after such a big move. Notice how the it found resistance exactly at our Fibonacci Extension level. If you are not paying attention to our commentary and levels, you are losing money! It is really tempting to fomo into a trade here. At least try to get in on the lower bound of the range. The Kovach OBV is still very strong but the Kovach Chande has fallen back indicating a buying opportunity.
Join my discord at discord.io/quantguy
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.
Join my discord at discord.io/quantguy
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.