$Spy still going strong
The long positions are still running nicely and allthough there is divergence on the long term chart there is no reason (yet) to change direction.
It’s normal for a last leg to show divergence and this confirms for me my expectation that markets will turn around for a longer term in the short future.
So I remain bullish but will stay close on the ball (especially around 3.3k.
It’s normal for a last leg to show divergence and this confirms for me my expectation that markets will turn around for a longer term in the short future.
So I remain bullish but will stay close on the ball (especially around 3.3k.
Note
We are aaproaching target. $100 usd to go...Divergence is still concerning but with tight monitoring still no reason to get back into neutral again.
Note
Closed 75% of this position.Great profit and everything on the chart screams ‘retracement upcoming’.
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Publications connexes
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.