The S&P is currently in a upward channel which could be a sign of a correction to come. Selling the top of the channel to target the bottom is favoured. Watching for a possible break out lower.
Medium Term and until proof of otherwise, buying the dips still remains the only game in town.
Medium Term and until proof of otherwise, buying the dips still remains the only game in town.
Note
4H view update:
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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.