S&P 500 IndexUpdated Bullflag on Equities
Sharp rally from earlier in the day has turned into a bullflag overnight. Coupled with overbought rsi, we should see one more leg higher before a clear direction... Chinese stimulus, great earnings and strong manufacturing reports have me leaning towards more upside before a larger scale correction... I don't think the coronavirus will have a lasting impact on the market
LIKE, COMMENT, FOLLOW
LIKE, COMMENT, FOLLOW
Trade closed manually
Nice little trade for me. I'd expect a pullback from here but would need further assessment
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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.