Since economic data means nothing anymore, and since the market is no longer has any connection to the economy, I guess we can rely on TA...?
Who knows. It seems like the S&P has hit a ceiling as of now at the 200MA. RSI is high on the 1D. MACD has PLENTY of room to come down. Let's see what happens.. it could be a red September.
Who knows. It seems like the S&P has hit a ceiling as of now at the 200MA. RSI is high on the 1D. MACD has PLENTY of room to come down. Let's see what happens.. it could be a red September.
Trade closed: target reached:
Many targets reached, and the market followed the predicted trend line pretty close, but we did not reach the bottom of the funnel.
