Juliac

S&P - is the correction over?

Long
CME_MINI:ES1!   Contrats à terme E-mini S&P 500
My guess is that we are due for a rebound now and hopefully the start of another upswing due to the following signals:

Futures dipped briefly below the regression channel (of the swing that started since March's low) today and rebounded, and looks to be forming a "piercing" candlestick (bullish) AND we have potential divergence between price and stochastic

Market is volatile so trailing stops is the best defence as we begin to dip our toes in again.

Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.