SPX - 50W Moving Average in Peril
Whats up Traders - As always, the explanation is on the chart.
Just some food for thought and concern. I am NOT the only one talking about this by a long shot.
Keeping an eye on things, and like most seasoned traders, We are trading with extreme caution right now
- - Macro Headwinds - -
China - Trade-war / Tariffs
November Election / Midterms
Saudi Arabia Political Nonsense
FED Interest Rates
Flattening Yield curve
Earnings Season - Seeing reduced outlooks by companies reporting so far.
End of the Year Profit Taking Season
I dont like it.
Just some food for thought and concern. I am NOT the only one talking about this by a long shot.
Keeping an eye on things, and like most seasoned traders, We are trading with extreme caution right now
- - Macro Headwinds - -
China - Trade-war / Tariffs
November Election / Midterms
Saudi Arabia Political Nonsense
FED Interest Rates
Flattening Yield curve
Earnings Season - Seeing reduced outlooks by companies reporting so far.
End of the Year Profit Taking Season
I dont like it.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.