All technicals point to this bull run turning over very soon. We have reached a trend line that has proven to be a heavy resistance. As for fundamentals, there is not enough of a bull case to break this pattern. Equites seem exhausted, cheap money is running out, and 2021-22 outlook does not look promising for many companies.
Key Factors::
- Technicals lining up - Volatility bottoming - Big bets against corporate credit - Fundamental outlook looks gloomy
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.