Technicaly:
* CM top/bottom indicator signaling that a top is forming;
* A/D ratio decending as accumulation is nearing its peak;
* Money flows turning lower as money are going out of stocks;
Fundamentally:
* Labour market starts to hick up again as new Covid - 19 cases rise in the US;
* Labour market cracks will weigh in on other economic indicators;
* FED lower it's stimulus program in a steady pace;
Near - term correction is potential towards the lower trend line.
* CM top/bottom indicator signaling that a top is forming;
* A/D ratio decending as accumulation is nearing its peak;
* Money flows turning lower as money are going out of stocks;
Fundamentally:
* Labour market starts to hick up again as new Covid - 19 cases rise in the US;
* Labour market cracks will weigh in on other economic indicators;
* FED lower it's stimulus program in a steady pace;
Near - term correction is potential towards the lower trend line.
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.
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.