It cannot be understated the importance of this upcoming week for traders and traditional "buy & hold" investors alike. Is the Fed going to empower us to keep this bull market intact and/or in a trading range, or will we get the start of a waterfall leading us into a bear market?
The SPX has a variety of small support levels, I've highlighted a few in this chart to watch out for. As we have pretty much erased all of 2018's gains so far to date, it should be noted that bulls don't go down without a fight. Even though we have what looks like a overall topping pattern after 8 to 9 years, this could be a pit stop similar to the price action that occurred in 2016.
The SPX has a variety of small support levels, I've highlighted a few in this chart to watch out for. As we have pretty much erased all of 2018's gains so far to date, it should be noted that bulls don't go down without a fight. Even though we have what looks like a overall topping pattern after 8 to 9 years, this could be a pit stop similar to the price action that occurred in 2016.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.