S&P 500 Index forming very big bearish divergence
If I would have invested in stocks I definetly would consider taking profit here but thats just me because of this crazy bearish divergence.
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Market created that Bull trap in so called Thrill - Mania - Euphoria emotions stage when everything boosted up hard pre new year on stocks. e.g. Tesla I posted about
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Now when fundamentals hits the emotional market + global pandemia panic hits we are allready at Support 1 zone for Tesla and market looks primed to bounce
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