The market is at crossroads again.
Whenever you have lows in the VIX people will highlight the potential risk to the market, we also in that period people coined the phrase "Sell in May and go away"
My view is unchanged to remain in the camp of a move lower with a decisive break of first of 4100 area.
But I have listened to arguments on both sides of the argument, those proposing a move to the 4400 area and the bears arguing lower.
So while 4150/4200 remains intact as the resistance I remain bearish but can't think of a catalyst at the moment to drive prices higher.
Good luck, do your research and investigation and make up your own mind.
Whenever you have lows in the VIX people will highlight the potential risk to the market, we also in that period people coined the phrase "Sell in May and go away"
My view is unchanged to remain in the camp of a move lower with a decisive break of first of 4100 area.
But I have listened to arguments on both sides of the argument, those proposing a move to the 4400 area and the bears arguing lower.
So while 4150/4200 remains intact as the resistance I remain bearish but can't think of a catalyst at the moment to drive prices higher.
Good luck, do your research and investigation and make up your own mind.
Mark Langley
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。