We are in a widened fib fan zone here suggesting heightened volatility for the near term. Many investors out there aren't seeing all the breaks in so many charts hitting the tape. I am not even saying this uptrend is over. It is time for widening pull backs though.
All that being said the sentiment indicators are starting the week over pessimistic. A responsive pop first of the week is not out of the cards at all.
All that being said the sentiment indicators are starting the week over pessimistic. A responsive pop first of the week is not out of the cards at all.
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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.