Look before you leap.

78
Two up days this week on top of pricing holding support in the previous week.
Sound like a good time to be a buyer? Consider this weekly chart of SPX and its trendline over the last year. When was the last time you saw price make a new high that began like this?
Oh it can happen, I'm just point out that it is a low-probability bet right now. It would be far more likely for SPX to break its trendline and head lower than it would for prices to make a new high. Think about that before you make your next purchase in stocks.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.