1) RSI elevated
2) Volume diminishing
3) Bonds picking up momentum
4) SPY close to all time high
On the fundamentals:
1) Unemployment at record high
2) Stimulus ending with no replacement in sight
...
The question is not WHAT but WHEN?
I vote for soon, VERY soon!
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
2) Volume diminishing
3) Bonds picking up momentum
4) SPY close to all time high
On the fundamentals:
1) Unemployment at record high
2) Stimulus ending with no replacement in sight
...
The question is not WHAT but WHEN?
I vote for soon, VERY soon!
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
Note
It looks like the next chapter is about to be written...
Related publications
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.
Related publications
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.