Things seem oversold short term. Doesn't always mean it will bounce. I don't even want to guess where prices will be after FOMC since we're simply releasing some of those pent up profits. Obviously, barring any sudden news, after the selling stops, we'll try for more ATH. But between here and before May, I'm just not sure how sudden the selling will be.
Obviously things remain overbought in the medium term and long term wise its just cyclical predictions that prevent me from remaining bullish -- but it being a election year where Fed seems intent on cutting rates regardless of creeping inflation, we could see SPY $620 and a big screw you logic from the markets before any drops. Just be careful... or stubborn but have long dated positions. People aren't exactly clamoring for the exits yet -- more of a, I'll sell 10% of my positions and see where things are after spring break type of mood.
Obviously things remain overbought in the medium term and long term wise its just cyclical predictions that prevent me from remaining bullish -- but it being a election year where Fed seems intent on cutting rates regardless of creeping inflation, we could see SPY $620 and a big screw you logic from the markets before any drops. Just be careful... or stubborn but have long dated positions. People aren't exactly clamoring for the exits yet -- more of a, I'll sell 10% of my positions and see where things are after spring break type of mood.
註釋
Add one more line at $506and an explanation that if we top $523 its 2 more weeks of upward crawl.
I usually try not to tell you what to do -- too crowded there. I'll point out what price points/trends/patterns the pros are looking at and let you interpret what that means for your portfolio.
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I usually try not to tell you what to do -- too crowded there. I'll point out what price points/trends/patterns the pros are looking at and let you interpret what that means for your portfolio.
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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。