Technical analysis
Rotation analysis
- From October 19th, we have seen a 26-trading-day downtrend. The second attempt to break the trend was at the 38.2% fibonacci retracement level, which failed.
- We are now trying to test the same downtrend line (Red arrow), while also testing the 61.8% fibonacci retracement level.
- The 50sma which is converging with the 50% Fib; which seems to have a heavy resistance weight.
- OBV is in a range.
Rotation analysis
- Cloud/WFH stocks saw a big rally in response to the pandemic. With vaccine news, the gave some of it back.
- Looking at the ratio of Value vs Growth in the
SPX, we still haven't broken the uptrend; indicating strength is still in play in growth. - I expect the small caps to continue to outperform if we get the stimulus that is anticipated in the next couple of months.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.