Hey tradomaniacs,
looking at SPX500 and the climb as expected we will probably see another sell-off here and at least a retest of the previous trendline to the downside.
Orderbook showing loads of sell-pressure (probably profit-saves by bulls) which makes sense ahead the debate and NFP`s ahead.
I expect that bulls will save their positions before the fundamental events with an unpredictable outcome begin.
Technically we see a nice breakout with a current overbought market which will probably lose momentum soon.
A pullback would be healthy for the bulls to find more power!
We also see how DXY (US-DOLLAR-INDEX) almost didn`t drop and that Risk-On-Assets such as AUD and NZD didn`t really climb.
Bonds are also stable and we see no yield-change which shows there is no significant cahsflow out of save havens into stocks.
Good chance to sell I guess!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
looking at SPX500 and the climb as expected we will probably see another sell-off here and at least a retest of the previous trendline to the downside.
Orderbook showing loads of sell-pressure (probably profit-saves by bulls) which makes sense ahead the debate and NFP`s ahead.
I expect that bulls will save their positions before the fundamental events with an unpredictable outcome begin.
Technically we see a nice breakout with a current overbought market which will probably lose momentum soon.
A pullback would be healthy for the bulls to find more power!
We also see how DXY (US-DOLLAR-INDEX) almost didn`t drop and that Risk-On-Assets such as AUD and NZD didn`t really climb.
Bonds are also stable and we see no yield-change which shows there is no significant cahsflow out of save havens into stocks.
Good chance to sell I guess!
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
Not
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.
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.