Seems as though the S&P likes to follow these arc's... until they flatten out, and then a nice correction sets in. We may be getting close to that correction now.
I see a few occasions where these arcing consolidations broke bullish... but they seem to be outnumbered by the drops.
The optimism of good news can fade quickly in the tumultuous times... be careful chasing the bulls at these levels!!
I'd love to hear what you think of this perspective!
I see a few occasions where these arcing consolidations broke bullish... but they seem to be outnumbered by the drops.
The optimism of good news can fade quickly in the tumultuous times... be careful chasing the bulls at these levels!!
I'd love to hear what you think of this perspective!
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.