S&P 500 is forming a rising wedge which will be a nasty drop in all markets if it plays out. I will be looking to buy the dip, but im going to wait till I see a proper bottom forming. With covid, all the money printing and the general boom we have seen in the market lately, a correction is due (might even see a flash crash).
This may also affect the crypto market
This may also affect the crypto market
Komentarz:
Bounced perfectly on the bottom line support. We live to see another day. Expecting this to take a while to play out, but be careful!
Komentarz:
Ok we broke. This will be some interesting weeks/months if we dont recover quickly
Komentarz:
Right now its retesting the old support trend line. If it rejects we will probably see another large dip in the whole market
Komentarz:
Larger timeframe retest. Now we really start the downtrend (hopefully :P)