Although equities are getting short term overbought, I think another tremendous multi-month run is possible. Planning long, in fact kicking myself for not getting in Nasdaq 100 futures 4 days ago. Was following Dow, :cry:
Technically, dow just broke through the apex of the large symmetric triangle. This is indicative that the formation is, at least in my eyes, no longer valid. After a long bearish cycle it seems time for upside.
One thing I did check...fundamental wise...was a chart of PE ratios. Looks like we still have room to expand although things are not cheap: multpl.com/
Technically, dow just broke through the apex of the large symmetric triangle. This is indicative that the formation is, at least in my eyes, no longer valid. After a long bearish cycle it seems time for upside.
One thing I did check...fundamental wise...was a chart of PE ratios. Looks like we still have room to expand although things are not cheap: multpl.com/
ملاحظة
Trade tensions have resulted in what appears to be a good buying opportunity. I do think further short-term declines are possible and would love to see some resolution before going long, however.
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.