Good Morning Trading Fam,
Our stock and crypto markets seem to have stalled. You may be wondering what they are waiting for. Quite simply, the S&P 500 has reached a double-top. That's all. There may be some more pause here for the next week or so. Barring any significant bearish geopolitical or other events, I expect us to move higher. Any FUD at all will send the market back down again. So yes, unfortunately, the next move(s) will be mostly predicated on news. Traders are rather fragile rn. Trade accordingly.
Best,
Stew
Our stock and crypto markets seem to have stalled. You may be wondering what they are waiting for. Quite simply, the S&P 500 has reached a double-top. That's all. There may be some more pause here for the next week or so. Barring any significant bearish geopolitical or other events, I expect us to move higher. Any FUD at all will send the market back down again. So yes, unfortunately, the next move(s) will be mostly predicated on news. Traders are rather fragile rn. Trade accordingly.
Best,
Stew
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
פרסומים קשורים
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.
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us
פרסומים קשורים
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.