Is it time for a minor correction?
Are you ready for correction?
#SPY seems ready to follow the double-top pattern
In addition, RSI is overbought, and MACD is ready for a change.
I would add that major quarterly reports are published and they are not very impressive. All this might push the market to re-evaluate positions and adjust targets.
For the next couple of months, I would expect about a 10% correction that should bring us to the Dec 2022 level.
What are your thoughts?
* Always do your own research.
#SPY seems ready to follow the double-top pattern
In addition, RSI is overbought, and MACD is ready for a change.
I would add that major quarterly reports are published and they are not very impressive. All this might push the market to re-evaluate positions and adjust targets.
For the next couple of months, I would expect about a 10% correction that should bring us to the Dec 2022 level.
What are your thoughts?
* Always do your own research.
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.