Hey guys,
Yearly Chart is bullish, Quarterly forms an inside Bar at a critical stage -
Since April I can see a Consolidation at the Yearly High of 2021 - between the marked area on the Mid Cap Index - SP400 - thus I have a neutral bias but I am a bit careful with going short from here. For a bearish szenario MID has to break below 2915 and print a...
According to Finviz, more than 75% of stocks are above SMA50 and close to 60% of stocks are above SMA 200. Furthermore, SPX has stayed above 3200 for a month.
Historically, DJI is usually the first index to recover after the market crash because investors want to put their money in safe mega cap and blue chip stocks
during the bottom-out process and time of...
