Drew a line for where I'm looking SPY to open tomorrow, hoping buyers swoop in and try for ATH, should be easy since all the big names are down but without catalyst for correction. Either way, looking towards second week of June if the medium time frame MA is to be followed.
Just hard to believe that Friday's inflation data will be positive -- but I'm thinking while inflation holds steady, household income will fall, and we'll see how markets react to that.
Otherwise, chop chop
Just hard to believe that Friday's inflation data will be positive -- but I'm thinking while inflation holds steady, household income will fall, and we'll see how markets react to that.
Otherwise, chop chop
I usually try not to tell you what to do -- too crowded there. I'll point out what price points/trends/patterns the pros are looking at and let you interpret what that means for your portfolio.
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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.
I usually try not to tell you what to do -- too crowded there. I'll point out what price points/trends/patterns the pros are looking at and let you interpret what that means for your portfolio.
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.