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My stance on the spooze
S&P 500 Index
My stance on the spooze
By FelipeCancela
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May 17, 2021
2
May 17, 2021
Okey so let's dive into the markets.
We're Monday. We've got PMI on Friday and today is a bank holiday for some European countries, so keep in mind that this + Monday = possible slow day.
Equities side, we are back in the former range that lasted more than a week.
I am personally NOT looking to buy there. I would love to be long given the current macro situation and technical but this price is expensive.
The double bottom would be my first level I'll be watching to get into. Nothing now.
Do I want to be short ? No necessary on this asset at this moment. The spooze can go very fast very quickly.
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FelipeCancela
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