outbreeak

S&P500 correction, fading bulls

Corto
outbreeak Actualizado   
OANDA:SPX500USD   Índice S&P 500
  • Inflation still high
  • Index at maximum price and high P/E
  • Big investors who don't usually sell are selling (James Dimon, Zuckerberg, Bezos)
  • Greedy market
  • Inversion in the yield curve
  • Leading Economic Index signaling crisis

We are 5 months going only up and strong. I'm out of the stock market for now, waiting a correction at least at the 0.382 fib retraction of this bull run. MACD and MFI (and RSI) are streched.
Comentarios:
And honestly, the world is changing and rearranging itself, it's becoming less globalized with all the recent tensions and conflicts: Russia and Ukraine, terrorism in the Middle East, China and Taiwan, the Chinese real estate market and confidence in the country crumbling, the European Union focusing on military power...
Comentarios:
Three black crows?
Comentarios:
I think that investors are not used to high real US interest rates and that there will be a normalization of the yield curve, which is currently inverted. Which will lead to a significant drop in the index price, perhaps greater than the 0.382 fib retracement, that I mentioned earlier. Furthermore, there will be American elections this year, which could make the markets unstable.
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.