What we're looking at - are some meaningful market averages ( SPY, XLF , SMH , QQQ ), their moving averages, and the projections of those averages. It's all a bunch of lines really but the basic view is - if the exchange rate stays above the pink line, you are in an okay spot.
SPY - Top left
XLF - Top Right
SMH -Bottom Left
QQQ - Bottom Right
by: M the K
SPY - Top left
XLF - Top Right
SMH -Bottom Left
QQQ - Bottom Right
by: M the K
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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.