S&P saw a slight pullback from as buying as demand contracted. In the process cumulative selling gained some momentum; however, prices managed to close higher. This indicates that the market appears to be in "strong hands." Note prices are still finding support along the "mean" of Andrew's Pitchfork.
The bullish trend remains intact. I speculate there will be a re-test of $205. Will volume contract? Will volume become "climatic?" Will prices continue higher challenging all time highs until extremes of asymmetry are present be falling?
The bullish trend remains intact. I speculate there will be a re-test of $205. Will volume contract? Will volume become "climatic?" Will prices continue higher challenging all time highs until extremes of asymmetry are present be falling?
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.
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.