Weekend Quickie - Tightening Range in the SPY Chart. Which way?

357
We've been hearing all the reasons the market can't go higher.

Peak earnings, inflation\stagflation fears, rising interest rates, stagnant paychecks that don't provide a living wage, earthquakes, volcanic eruptions, etc.

Is there anything that can bring the markets up to new or previous highs?

Could quick - albeit ultimately futile - efforts such as QE 4, fewer-to-no rate hikes, or other M.M.T. (modern monetary theory) maneuverings send the market up?

Or would the powers-that-be prefer a market crash on Donald Trump's watch?

We're seeing a tightening range in the overall markets with heightened average volume. Is a big event and a big move on the horizon?


Please like, follow, and share, and maybe we can have fun and do great things together.

Thanks again!


See it on the site: holsturr.com/category/markets/charts/


** For speculative and research purposes only - good luck! **

Wyłączenie odpowiedzialności

Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.