Indice S&P 500Short
Overbought, possible short term pullback
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
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.
“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
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.