The S&P closed the week at 5,958, continuing its climb along a steep uptrend that’s been in place since mid-April. While momentum remains bullish, we’re now entering a zone where digestion or short-term pullbacks would not be surprising. And not because of weakness, but after every run is a period of digestion.
In this video I first go through how I clear out the noise to focus on the outlook for the next few weeks, re-chart my levels and trendlines, and walk through potential scenarios for the coming week.
In this video I first go through how I clear out the noise to focus on the outlook for the next few weeks, re-chart my levels and trendlines, and walk through potential scenarios for the coming week.
Emanuela | thetraderreset.com
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.
Emanuela | thetraderreset.com
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.