SELL the NEWS ... TOP
After making low at 1810 S&P starting 2016 market has rallied with no major correction.
After Trump election it started to move higher on TAX cuts plan hopes.
Last saturday the day has come : TAX cuts plan has passed in senat
SELL the NEWS on Monday has followthrough yesterday from new ATH. When indicators were waving RED all the way up: Divergences
This gives clear indication ... market has TOPPED OUT.
30% correction will just bring us back to 2016 lows filling small GAP above ... impossible ? We'll see.
Good Luck !
After Trump election it started to move higher on TAX cuts plan hopes.
Last saturday the day has come : TAX cuts plan has passed in senat
SELL the NEWS on Monday has followthrough yesterday from new ATH. When indicators were waving RED all the way up: Divergences
This gives clear indication ... market has TOPPED OUT.
30% correction will just bring us back to 2016 lows filling small GAP above ... impossible ? We'll see.
Good Luck !
Transaction en cours
If any was brave enough to keep short at play or reenter short below 2665 should now SET SL at ATH print : 2672 : and not risk any more loss from this short idea.Good luck !
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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.