S&P 500Short
NOTE - RSI HIGHEST ON S&P SINCE 11/24/2014
The S&P pulled it's dump right back out in Nov 2014 with a 250 point straight run. Its 14 pt RSI tickled 75 back then - as it is now. It is worth noting that after a couple days' pullback the market went a little higher before giving back a VERY QUICK 100 points. The dates are earily similar - as are the charts.
What's very different is the climate, today, but the IMX (TD Ameritrades sentiment by client positions) also reached a high 1 reading ago before dipping a little.
I am more short than long w S&P right now - so I speak w bias - but it's all worth noting , I think.
What's very different is the climate, today, but the IMX (TD Ameritrades sentiment by client positions) also reached a high 1 reading ago before dipping a little.
I am more short than long w S&P right now - so I speak w bias - but it's all worth noting , I think.
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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.