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brian7683

Going down from 3200 to 2500 - Back at 3200 for the Nov Election

Short
S&P 500 Index (SP:SPX)  
brian7683 Updated   
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) Coronavirus (COVID-19) covid-2019
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trendanalysis chartpattern spy spx500 coronavirus covid-2019
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! $$$
Comment:
I can't believe the Dow Jones Industrial Average VS Equity Put/Call is so low! People are betting the markets continue going up!
www.indexindicators....0607_20200607-x-x-x/

All time high
S&P 500 VS % of S&P 500 Stocks With 14-Day RSI Above 70
www.indexindicators....0607_20200607-x-x-x/

Dow Jones Industrial Average VS VIX
www.indexindicators....0607_20200607-x-x-x/

Dow Jones Industrial Average VS DJIA Consecutive Up/Down Days (Close - Prev. Close)
www.indexindicators....own-params-6m-x-x-x/
Comment:
RSI overbought at 72.48
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