Indice S&P 500Short
SPX Short side
The S&P doesn't usually rally 14% in less than 4 weeks.
With 14 of the last 16 trading sessions closing green, I am inclined to fade this rally.
I cant help but see the eventual capitulation for risk assets as the global economy shows signs of turning over.
This IS a bear market rally and will come to an end. I am looking for resistance around 2700, I had thought 2600 was going to hold but apparently not.
There is always a way for the market to make a fool of you. I wont be putting on my short positions until I see some confirmation of a topping formation.
Fighting the market is how you go broke..
Cheers
With 14 of the last 16 trading sessions closing green, I am inclined to fade this rally.
I cant help but see the eventual capitulation for risk assets as the global economy shows signs of turning over.
This IS a bear market rally and will come to an end. I am looking for resistance around 2700, I had thought 2600 was going to hold but apparently not.
There is always a way for the market to make a fool of you. I wont be putting on my short positions until I see some confirmation of a topping formation.
Fighting the market is how you go broke..
Cheers
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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.
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.