Santa Rally can start Next Week
Hello traders,
Overall SPY holding much better than 85% of stocks. In 2 weeks we just witnessed every day a new 52 wk low in stocks.
Some news from WHO, there is no recorded death case because of Omicron, hospitalizations and ICU treatments still low. Symptoms mild.
Fear & Greed index historically at low.
If Bulls can protect trend line, my target before new year between 490-492
Have a good weekends.
Overall SPY holding much better than 85% of stocks. In 2 weeks we just witnessed every day a new 52 wk low in stocks.
Some news from WHO, there is no recorded death case because of Omicron, hospitalizations and ICU treatments still low. Symptoms mild.
Fear & Greed index historically at low.
If Bulls can protect trend line, my target before new year between 490-492
Have a good weekends.
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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.
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.