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quantguy
Jun 14, 2021 10:37 AM

Will Stocks Maintain Highs?? Short

S&P 500 index of US listed sharesFXCM

Description

Stocks have inched out highs on Friday. Asia's opening has seen little movement from those levels. In order to maintain current levels we need some momentum desperately. Otherwise, we will likely see a retracement. As we have noted multiple times in this report, 4188 or 4144 would be nice targets for a selloff. Buying at these levels would be FOMO and would carry significant downside risks, so keep a narrow stop loss if you are long. The Kovach OBV is very gradually tapering up but is broadly speaking quite flat.
Comments
AnnaLenzi
Excellent work nd explanation
cryptobullethbtcxlm
Nice analysis, thank you. How can I use your indicator kovach reversals?
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