A Top?
The market has consistently set records for months now, but is it over?
Going into a historically red month we could see ATH's but it might be short lived.
Reasons
- Rsi nearing 80 on the monthly (Main one, we would need to consolidate or have a crash.)
- 4th wave of covid could be the worst (Probs nots this is just a possibility)
- Inflation might be bigger then believed
- News is becoming bearish once again
- Large investors and people involved in the financial industry warn of another crash.
Going into a historically red month we could see ATH's but it might be short lived.
Reasons
- Rsi nearing 80 on the monthly (Main one, we would need to consolidate or have a crash.)
- 4th wave of covid could be the worst (Probs nots this is just a possibility)
- Inflation might be bigger then believed
- News is becoming bearish once again
- Large investors and people involved in the financial industry warn of another crash.
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.