First post:
Keeping it simple. Bouncing off support dating dec 2020 and bouncing off the bottom of a Nov 2021 old bearish channel. Even if inflation is strong, there's 2 jobs for each of us so even if corpo fires 30% of workforces, there's jobs for people. RSI super oversold. People are selling because loosing hurts feelings. Usually, scared people do stupid shit.
What I see around is that everybody is just chilling on the spending and will keep doing so until the global narrative change and oil goes down and on my opinion, is about to happen.
In the end who the f*** knows. Hope this puts a smile for the few people that are going to read this.
ABA
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.