The divergence of the Dow Jones Transports continues to widen from the stock market. China went into full lockdown mode and most recent data still suggests China is restricting credit. Debt ceiling approaching in the USA. September usually has a sell off. As I have said before, its a dangerous game to bet against the fed but I would proceed with caution.. Having stops in place and hedges are essential moving forward IMO.
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.