optionflow

$SPY $BIDU - Bounce or tank?

NASDAQ:BIDU   Baidu, Inc.
0
Interesting here. Looking at weekly, macd rolling over. I can see sow before UTAD to create the apex with support found a the 61.8. Tough, that could be UTAD with LPSY set for FTI or Sow about tag UTAD. CMF virtually flat. My bias has a hard time being long this market. Short term, can it rip to new highs? Yes, possible, I would be waiting there short.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.