SPX Risk-On Rally To Continue?
Long side impetus flooded Markets on economic hopes via election results.
Since then, we have seen a slight fall on Risk Off Sentiment and outflows on the USD, after some FED comments last night.
Overall Market sentiment remains reasonably stable and may the case traders temporarily feel the last move was overpriced.
Awaiting retail sales. Anything stronger may bring cause for further rallies.
Sizing - Would never take any major longs on SZ1. Further falls needed for anything significant.
Regular re-shorts at highs applicable.
Since then, we have seen a slight fall on Risk Off Sentiment and outflows on the USD, after some FED comments last night.
Overall Market sentiment remains reasonably stable and may the case traders temporarily feel the last move was overpriced.
Awaiting retail sales. Anything stronger may bring cause for further rallies.
Sizing - Would never take any major longs on SZ1. Further falls needed for anything significant.
Regular re-shorts at highs applicable.
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Free Discord Secret Server:
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Posts Not financial advice.
Disclaimer
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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.
Disclaimer
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.