Get started
S&P 500 Index
Short

Stocks Edge Up

By quantguy
Stocks are edging up, currently testing 4487. We are seeing a red triangle on the KRI indicating some resistance here. If we are able to break through, then 4521 will be the next level where we anticipate resistance as it is a relative high. We anticipate 4580 as a ceiling for now, as this is yet another relative high. The rally looks weak and the Kovach OBV has barely budged. Thus a s selloff is highly probable. If we do see a selloff, then 4364 should hold as it is a relative low.
Chart PatternsDOWEquityTechnical Indicatorskovachnasdaqquantguysnp500StocksstonksTrend Analysis
quantguy
Join my discord at discord.io/quantguy
Also on:

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.