Buy the rumour, sell the news.
Today we had the news that more jobs were recovered than expected. 3200 is too big of a resistance. Much higher probability of trend going downwards in the short term.
Profit taking time! $$$
Today we had the news that more jobs were recovered than expected. 3200 is too big of a resistance. Much higher probability of trend going downwards in the short term.
Profit taking time! $$$
Note
I can't believe the Dow Jones Industrial Average VS Equity Put/Call is so low! People are betting the markets continue going up!indexindicators.com/charts/djia-vs-put-call-ratio-equity-1d-sma-params-20150607_20200607-x-x-x/
All time high
S&P 500 VS % of S&P 500 Stocks With 14-Day RSI Above 70
indexindicators.com/charts/sp500-vs-sp500-stocks-14d-rsi-above-70-params-20170607_20200607-x-x-x/
Dow Jones Industrial Average VS VIX
indexindicators.com/charts/djia-vs-vix-1d-sma-params-20150607_20200607-x-x-x/
Dow Jones Industrial Average VS DJIA Consecutive Up/Down Days (Close - Prev. Close)
indexindicators.com/charts/djia-vs-djia-up-down-params-6m-x-x-x/
Note
RSI overbought at 72.48
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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.
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.