SPY target $350-370
Hi! Our small analysis of the S&P500 index based on the "Sentiment" indicators. Index is moving within the "Megaphone" pattern, I think that between September-November 2020 the conservative $350-370 target will be reached and from there it will be possible to consider short positions. It is possible that may coincide with the 2020 US presidential elections. You need to be careful right now, given the heating up situation and the sentiment of traders:
- The NYSE Highs/Lows Index is in the extreme zone;
- Black Swan v.2.0 indicator, traders began to assess the tail risk on July 9, 2020.
We will observe with interest. Happy trading to everyone!
- The NYSE Highs/Lows Index is in the extreme zone;
- Black Swan v.2.0 indicator, traders began to assess the tail risk on July 9, 2020.
We will observe with interest. Happy trading to everyone!
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.