What is moving to SPX up relentlessly and how should you trade it?
Lots of Traders are looking at the SPX to catch a potential retracement. This will not occur until the Sentiment drivers behind the market change.
At the moment, very recently, its confusion. This could lead to a larger, sudden change, should any rhetoric from Powell give it fuel.
Lots of Traders are looking at the SPX to catch a potential retracement. This will not occur until the Sentiment drivers behind the market change.
At the moment, very recently, its confusion. This could lead to a larger, sudden change, should any rhetoric from Powell give it fuel.
Nota
Again, same boring FED Rhetoric. No significant change to add shorts.Nota
Further FED impetus/inflow to give 'safer' outlook and hence further rise. Plans remain^Nota
Jobs data again inline with pushed rhetoric and results. More positivity for US markets. Await change, inline with video.Nota
Follow-up on recent moves:
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Free Pro Multi Asset Trading Guide:
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
bit.ly/learnttm
Free Discord Secret Server:
discord.gg/tXAcxFVCJU
Posts Not financial advice.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.