Momentum in stocks is increasing. I expect that there will be a sharp rally where people will get excited and lose their scepticism and then go into a correction.
If spx reaches 3500 in a sharp rally, I think its very vulnerable to a correction, so i think it will be good to protect gains there.
If spx reaches 3500 in a sharp rally, I think its very vulnerable to a correction, so i think it will be good to protect gains there.
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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.