BENEFIT EXPIRE,CONGRESS YET TO DECIDE ON NEW STIMULUS-LIQUIDITY
just checking out my earlier graph posted a while ago looks like we are on track to possibly make a new ATH .
MACD turning bearish though since its slightly lagging i think the new stimulus or liquidity has not been factored in .
The $600 weekly unemployment benifit has expired and congress has left town undecided over the new stimulus deal.
We will see some more money kicked in is my bet and will maybe provide us with the boost to touch a new ATH however keep in mind repossessions of houses , defaults on loan payments , crime etc...
is all set to climb so maybe better to start scaling out soon .
Remember no one ever got broke booking profit and if you do not have risk mngt in place might be left holding on to a bag and giving back the gains to the market.
MACD turning bearish though since its slightly lagging i think the new stimulus or liquidity has not been factored in .
The $600 weekly unemployment benifit has expired and congress has left town undecided over the new stimulus deal.
We will see some more money kicked in is my bet and will maybe provide us with the boost to touch a new ATH however keep in mind repossessions of houses , defaults on loan payments , crime etc...
is all set to climb so maybe better to start scaling out soon .
Remember no one ever got broke booking profit and if you do not have risk mngt in place might be left holding on to a bag and giving back the gains to the market.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.