Another day, another "coincidence"
I love following the SPX for many reasons, namely to help me understand market sentiment and price movement in the short/medium term. A lot of investors neglect how conclusive the indices are. My favour ways to gauge and draw conclusions from this index are:
- Using old ATH's as reference points for future support/resistance
- Paying attention to where it gaps up/down and off which reference point
- Look at the size of the candle sticks and for classic candlestick patterns. Namely doji, hammer, hangman, engulfing(s), and harami(s)
- RSI + Squeeze to understand market sentiment and price movement. Quantitative collusion of "how" bullish/bearish the market is
- How all the above ties into current news + politics
I love following the SPX for many reasons, namely to help me understand market sentiment and price movement in the short/medium term. A lot of investors neglect how conclusive the indices are. My favour ways to gauge and draw conclusions from this index are:
- Using old ATH's as reference points for future support/resistance
- Paying attention to where it gaps up/down and off which reference point
- Look at the size of the candle sticks and for classic candlestick patterns. Namely doji, hammer, hangman, engulfing(s), and harami(s)
- RSI + Squeeze to understand market sentiment and price movement. Quantitative collusion of "how" bullish/bearish the market is
- How all the above ties into current news + politics
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.