US Markets Find Support With Q2 Earnings
US Equities markets are finding support with relatively strong Q2 earnings. This SPY chart shows what I believe is the critical support zone. Watch for capital to migrate away from certain growth sectors and into more value/dividend sectors as capital is searching for a safe location to avoid contagion issues arising from global debt/credit concerns.
Expect the US markets to stall, briefly, through August and early Sept, then begin to rocket higher into the end of 2018.
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Expect the US markets to stall, briefly, through August and early Sept, then begin to rocket higher into the end of 2018.
Don't miss these moves. Follow me if you like my analysis.
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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.