Long
S&P500 Long : 20-26 Aug period for pullback
SUMMARY: Long, even though indicators and cycle theory would conclude short, however, fundamentals and monetary policy are supporting bull trend.
I am preparing this primarily for BTC HODLers and Traders.
-- Technical --
Very large rising wedge and markets are overextended on valuations.
May have a small pull back in the last 10 days of August - cycles
-- Fundamentals --
Fiscal and Monetary policies are pushing asset prices higher, expect this to continue well into 2022 and pushed high with US elections and pork-barrelling.
Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<----
*Not financial advice and is for educational purposes only. Always DYOR.
I am preparing this primarily for BTC HODLers and Traders.
-- Technical --
Very large rising wedge and markets are overextended on valuations.
May have a small pull back in the last 10 days of August - cycles
-- Fundamentals --
Fiscal and Monetary policies are pushing asset prices higher, expect this to continue well into 2022 and pushed high with US elections and pork-barrelling.
Please HIT the --->>> "LIKE" and "FOLLOW" button. <<<----
*Not financial advice and is for educational purposes only. Always DYOR.
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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.
Related publications
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.