Why I am not buying US indices nor stocks now !

See chart for detailed explanation.

Watch the gap level on 4.11.2020. This gap , imo will be closed soon......

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Last night it drops more than 800 points, which from the chart we can see the price action reaches the bearish trend line and it retraces back.......

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www.cnbc.com/2022/07...ets-head-to-q3-.html

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wow, next week performance will determine if it breaks the bearish trend line and heads further northwards or reverse back downwards.....

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ah, a false breakout, ending the day with a bearish candle. Let's see the corporate earnings results will push it higher tonight !

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those who are keen on this index can choose to go LONG

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markets.businessinsi...tors-risk-ndr-2022-8