Is it the end of Stocks "Trump-bubble"?
Stocks were pushed by Trump's fed bzzzz machine and grown to record 3588 value, but in the end even that bubble dumped. We can see big volume picking up the dips here - signal that SP500 may consolidate or even bounce back to ~3444-3500. I think Oil prices will give more realistic picture of what to expect, so stocks are secondary here.
Week chart show great volume on retest of 3350 support. If drop below it we will see a bloody waterfall.
Week chart show great volume on retest of 3350 support. If drop below it we will see a bloody waterfall.
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Crypto reviews - t.me/WiseAnalyze
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Crypto watchlist - t.me/WiseAnalyzeDCA
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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.