Since april, we have traded in an upward channel, showing buy signals at every bottom. It has also shown strong pullbacks when we see 1 or 2 closes above the channel.
If we reach the 20sma, the trend would still not be broken, and could prove to be a "buy the dip" scenario... A strong close below the 20sma, will most likely take us to the 50sma.
P.S:
- back-testing shows when the
VIX is higher and the 
SPX keeps trending higher, a pullback is to be expected. (bearish)
- the Mclellan Oscilator is trending lower for the past couple of weeks. (bearish)
Good luck, be safe.
If we reach the 20sma, the trend would still not be broken, and could prove to be a "buy the dip" scenario... A strong close below the 20sma, will most likely take us to the 50sma.
P.S:
- back-testing shows when the
VIX is higher and the SPX keeps trending higher, a pullback is to be expected. (bearish)- the Mclellan Oscilator is trending lower for the past couple of weeks. (bearish)
Good luck, be safe.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。