Despite the market sentiment is still quite well recently, I see the equity market trading volume and ATR keep shrinking which is not a good sign to push index price go further higher. In technical view I found out that technical signal which is ATR might show some regular patterns from Sep 2018 to the present.
Entry Price:3120 Take Profit :2950 Stop Loss: 3140
Trade active
Today’s news shows that China and U.S still have many cautious issues need to be discussed at the tariff point. In technical view, ATR signal implied that S&P500 might start the turning point this week.
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.
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.