Remaining bullish
For a change SPY closed down -0.75% yesterday.
ES futures are green again by 10 handles as of now promising a higher open for SPY.
Today FED speak happens. Their policies have been very supportive of the market. I expect more of the same.
RSI remains overbought. Options put/call ratio near record low.
But indicator has not flipped yet. Waiting for divergence and then a confirmation for the next consolidation or leg down.
Remaining bullish for now.
ES futures are green again by 10 handles as of now promising a higher open for SPY.
Today FED speak happens. Their policies have been very supportive of the market. I expect more of the same.
RSI remains overbought. Options put/call ratio near record low.
But indicator has not flipped yet. Waiting for divergence and then a confirmation for the next consolidation or leg down.
Remaining bullish for now.
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.
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.