S&P500 range and some Market review [12Jan2022]
Updated
So, my laziness is getting me, but the market is showing too many good signals.
Following up to yesterday's post, we are a bit more clear today, or at least the signals are a bit directional.
We have a weak bullishness in S&P, with a background grey signals, along with that Dow30 has comparatively stronger bullishness.
So, directionally a good trade today in terms of risk perspective are
Bullish (Fairly weak) : S&P500, Dow30, Defensive sector, XLP, USDJPY (check the link below), CAC40, IWD, USDMXN, XLV
Bearish (Strong) : FXI (I will be shorting here), AUDUSD, Hang Seng, AMC, IYZ (but I won't short)
Comment below if you need similar ranges for your tickers, and if you have contrarian ideas I will be glad to discuss about it
Goodluck today
Redd
Following up to yesterday's post, we are a bit more clear today, or at least the signals are a bit directional.
We have a weak bullishness in S&P, with a background grey signals, along with that Dow30 has comparatively stronger bullishness.
So, directionally a good trade today in terms of risk perspective are
Bullish (Fairly weak) : S&P500, Dow30, Defensive sector, XLP, USDJPY (check the link below), CAC40, IWD, USDMXN, XLV
Bearish (Strong) : FXI (I will be shorting here), AUDUSD, Hang Seng, AMC, IYZ (but I won't short)
Comment below if you need similar ranges for your tickers, and if you have contrarian ideas I will be glad to discuss about it
Goodluck today
Redd
Trade closed manually
Closed in Jan 13 when signal went grey with other exposures changing.
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