$S&P500 is overheated with AI stocks leading the rally and the Mag7 trailing behind.
Appetite for risk is there.
We should expect price to retest the previous all-time high and daily pivot $6900 as support at least, if not fill the gap left behind at the S1 daily pivot $6700.
There is bearish divergence on the daily RSI
The next upside target is the R1 daily pivot at $7460
Appetite for risk is there.
We should expect price to retest the previous all-time high and daily pivot $6900 as support at least, if not fill the gap left behind at the S1 daily pivot $6700.
There is bearish divergence on the daily RSI
The next upside target is the R1 daily pivot at $7460
🎓 Behavioural Economist (PhD)
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com
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🎓 Behavioural Economist (PhD)
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com
📈 Trader / Investor 15 years
👑 Unlock my trading plans: tradingblueprints.substack.com
🏆 Market Psychologist Newsletter: marketpsychologist.substack.com
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.