The next leg up is coming are you ready? SPX, DJI, RUT, Midcaps

2019年5月21日

We've pulled back quite a lot...tons of bad news has come out...we entered oversold territory and we're now consolidating for a move up. Across the market are long entries with great R/R profiles. Indices are finding support on 200 MAs, volume nodes, cloud tops, etc and now the market no longer cares about the bad news. When bad news is good news...shorts better watch out. You can see indicators on daily charts are mostly building higher lows, higher highs and are turning up. Get ready for a new ATH despite all the bad news.