S&P 500 IndexUpdated SnP 500
The SnP chart is NOT Looking GREAT at this stage, wherein, Price is not able to hold even the minimum Barest requirement of the FIB. I had said sometime Last week that the SnP/DJIA/NIFTY would probably ALLIGN with Each other and Move upwards..... NOT ANYMORE. This will not happen if price stays below the Bare Minimum. Infact...... I am unsure which way Indices MAY now GO, and MY PERSONEL BIAS has NOW SHIFTED to the DOWNSIDE.
I am a Trader and it matters not to Me which side the Markets GO, But I would advice CAUTION to you all between 15th to 22nd October.
I am a Trader and it matters not to Me which side the Markets GO, But I would advice CAUTION to you all between 15th to 22nd October.
Note
There was a TIME when Over Sold and Over Bought Levels would take weeks and Months to complete...... Today they complete within a matter of Hours and so Keeping a CONSTANT VIEW in todays times is Impossible
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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.