We had some serious rally after my last update on SPY. Some may say this V bottom is bullish. I beg to differ.
There is some sort of divergence in the market or the market darlings. There are few stocks outperforming. On the other hand, those that were outperforming had some bad earnings. Future will unfold itself.
- This is the time, one should test their sound strategy.
Trading pullbacks to Keltner Channels or playing the breakout.
IWM rsi breakout to the low.
GL
There is some sort of divergence in the market or the market darlings. There are few stocks outperforming. On the other hand, those that were outperforming had some bad earnings. Future will unfold itself.
- This is the time, one should test their sound strategy.
Trading pullbacks to Keltner Channels or playing the breakout.
IWM rsi breakout to the low.
GL
Uday C Santhakumar
