Normally I don't like providing commentary. Just state the fact behind the current readings of the indicators.
But I am sitting here looking at this and thinking to myself.
This index is waiting for something. The strategy I use says "LONG".
The indicators say BULL....
The indicators on the SP500, NASDAQ100 and Russell are all ready to run from the leash and the DJI is lagging behind.
So, I am looking at this six ways to next week. Pulling every indicator up and aside from being in consolidation. There is nothing saying "Stall".
It is waiting for the FOMC.
But I am sitting here looking at this and thinking to myself.
This index is waiting for something. The strategy I use says "LONG".
The indicators say BULL....
The indicators on the SP500, NASDAQ100 and Russell are all ready to run from the leash and the DJI is lagging behind.
So, I am looking at this six ways to next week. Pulling every indicator up and aside from being in consolidation. There is nothing saying "Stall".
It is waiting for the FOMC.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.