SP500
I'm sure we have all witnessed the impressive streak of winning weeks on our favourite indice. Price is currently trading 6.85% higher than its 20 weeks average. Moreover, there's a clear divergence on the RSI that was just confirmed today. Don't worry though, nothing crazy, just a healthy correction in sight in my opinion. Price is likely to go down in the newt few days.
Trees, as strong and as powerful as they might be, will never reach the sky.
Take some profits !
I'm sure we have all witnessed the impressive streak of winning weeks on our favourite indice. Price is currently trading 6.85% higher than its 20 weeks average. Moreover, there's a clear divergence on the RSI that was just confirmed today. Don't worry though, nothing crazy, just a healthy correction in sight in my opinion. Price is likely to go down in the newt few days.
Trees, as strong and as powerful as they might be, will never reach the sky.
Take some profits !