SPX has 8 Gaps which are unfilled. which goes right upto 2300.
MIcro factors on economy might be strong. but there is something else cooking underneath the ground like Geo political/Financial underlying assumptions.
with a weak Leadership in US and challenges coming from Europe, Russia and china the being bear should pay in mid term.
This is just a theses and...
/NQ: view : bearish.
Market continued the bull run in the month of Nov but shown the sign of exhaustion of trend.
On monthly charts the presence of Gravestone doji and formation of bearish Diversion on RSI is clearly visible and indicating the trend reversal.
Key support levels:
15600 - Signifies the long range monthly support for bull trend. if broken Market...
This is an counter view of my assessment of daily charts assessment which i feel is now not going to get materialized.
on monthly and weekly charts in correlation with RSI. the charts shows next stop as $87000.
The institutions entered in the crypto markets will push the markets to next horizon. that does not mean it will stay there but good trading...
The BTC/USDT is attempting 65000 confirmation from RSI and price action indicates the 65000 in range but it will not last as the volumes are not supporting the more upside.
either BTC will move sideways and provide safe exit to institutions and go back to 40,000 Range.
Indicating bull Trap.