Yesterday's action in the 
SPY is a bullish sign for the overall market. We put in a low around $385 which coincides with the recent head-and-shoulders pattern that had a price target around $380. With futures higher today, there is some room on the chart to $400-404 before encountering more resistance. If this was a temporary bottom, watch the semis and small caps for clues. Putting on more risk vs this level is a good risk/reward strategy for both active and long term investors. 
AAPL reaching $138 and 
MSFT $250 are further confirmations.
SPY is a bullish sign for the overall market. We put in a low around $385 which coincides with the recent head-and-shoulders pattern that had a price target around $380. With futures higher today, there is some room on the chart to $400-404 before encountering more resistance. If this was a temporary bottom, watch the semis and small caps for clues. Putting on more risk vs this level is a good risk/reward strategy for both active and long term investors. AAPL reaching $138 and MSFT $250 are further confirmations. 
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.