Another day, another "coincidence"
I love following the SPX for many reasons, namely to help me understand market sentiment and price movement in the short/medium term. A lot of investors neglect how conclusive the indices are. My favour ways to gauge and draw conclusions from this index are:
- Using old ATH's as reference points for future support/resistance
- Paying attention to where it gaps up/down and off which reference point
- Look at the size of the candle sticks and for classic candlestick patterns. Namely doji, hammer, hangman, engulfing(s), and harami(s)
- RSI + Squeeze to understand market sentiment and price movement. Quantitative collusion of "how" bullish/bearish the market is
- How all the above ties into current news + politics
I love following the SPX for many reasons, namely to help me understand market sentiment and price movement in the short/medium term. A lot of investors neglect how conclusive the indices are. My favour ways to gauge and draw conclusions from this index are:
- Using old ATH's as reference points for future support/resistance
- Paying attention to where it gaps up/down and off which reference point
- Look at the size of the candle sticks and for classic candlestick patterns. Namely doji, hammer, hangman, engulfing(s), and harami(s)
- RSI + Squeeze to understand market sentiment and price movement. Quantitative collusion of "how" bullish/bearish the market is
- How all the above ties into current news + politics
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
