quantguy

Stocks Gain Strength

Long
FX:SPX500   Indice S&P 500
Stocks have rallied, completely erasing the Evergrande selloff. We have rallied back to 4462, finding support at 4440 and 4431, levels we have brought up in these reports. It appears investors are back to risk on mode, and the Evergrande fears have passed for now. The Kovach OBV has gradually picked up, so watch for momentum. If we can break 4462, then watch for 4487 to provide resistance. But after that we can recover the 4500 handle.

Join my discord at discord.io/quantguy
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.