After months characterized by euphoria SPX is finally losing value and retracing. It is still trading above the 200MA hence showing some sort of a bull trend.
This is just the beginning of a downturn, anyway. My take is the index will retrace below the 200MA.
Everything grew too much, it was time for markets to correct.
This is just the beginning of a downturn, anyway. My take is the index will retrace below the 200MA.
Everything grew too much, it was time for markets to correct.
註釋
We might be start buying again by 2020 or so
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