I think the market is gonna go oversold on the daily again. It broke the wrong way out of the pennant-like structure, we still haven't heard about the electronics tariff, and we've got a slew of earnings coming up where every conf call will talk about tariffs and recession.
Long on gold at least until we hit that bottom again, not shorting because of the open gaps above. I think the only hope of filling those gaps is a deal with China. Even if that happens, it'll probably be a few weeks or months.
If daily indicators go oversold, I plan on going long on index or sector ETFs. Too risky right now to bet on individual stocks.
Long on gold at least until we hit that bottom again, not shorting because of the open gaps above. I think the only hope of filling those gaps is a deal with China. Even if that happens, it'll probably be a few weeks or months.
If daily indicators go oversold, I plan on going long on index or sector ETFs. Too risky right now to bet on individual stocks.
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Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.