10 year bull market, slowing global growth, China slowing down, weak recent fundamental data, Brexit, divergence in US stocks from global equities unsustainable, and finally the technical resistance at 2818 is just too strong to overcome for this. Yes, recent data isn't too bad, but the exogenous factors are too strong in conjunction with the technicals. However, the technicals recently are a bit mixed. Let's test that resistance again to see what happens.
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.
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.