TA:
We are slowly approaching the pre-corona high.
That resistance is bound to cause some issues.
Balance of Power looks like it will make a retracement and has double topped- therefore a retracement is very likely.
FA:
The economic conditions would make a strong rally through that resistance unlikely.
The DXY looks to be turning bullish- which would be bad news for inflated stocks.
-Megalodon
Please SHARE & LiIKE and you are welcome to share your ideas below!
SPX
We are slowly approaching the pre-corona high.
That resistance is bound to cause some issues.
Balance of Power looks like it will make a retracement and has double topped- therefore a retracement is very likely.
FA:
The economic conditions would make a strong rally through that resistance unlikely.
The DXY looks to be turning bullish- which would be bad news for inflated stocks.
-Megalodon
Please SHARE & LiIKE and you are welcome to share your ideas below!
SPX