Markets Record Extreme levels Is Here
From Tuesday, announcements are expected to give a lot of weight and will be an indicator of acceleration or failure for the continuation of the markets
Will be published rejections of major companies Amazon Facebook Google and more
A meeting on interest notice will announce on Wednesday
And employment rate data on Friday – These events are supposed to affect the market
In short, it will be interesting
In 2017 I posted an article Are we approaching or already in the bubble stage in the financial markets?
Days have gone by and this is happening, but even during such periods, double caution is required because the movements can be extreme and quick in both directions in a moment!
When the trend is overheating and the traps are caught in one direction without stopping, or corrections in the way – it is worth checking out what is happening, that’s the reason i post this :
Retail Sentiment brokers dealer and traders who’re the winning
let’s take the SP500 for a sample – The most tradable contract
Bull & Bear indicator shows us that market stay in high records since 1987!
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| sp 500 bull /bear indicator |
Have the market’s indices reached a saturation point and thus begin to release pressure?
Now let’s check dow jones
one more thing to finish is to test one indicator – as you can see in the chart only one time in the past, he breaks up the red line (extreme situation) -this movement was in 2008 and bring 45% move from the break, so, if we will go now those days, its give us the same target as I mention above apx 25,600 + but from those levels the risk is high, if im right and take consider the last move in 2009 ( extreme situation ) so we left aps 2 weeks or when the indicator I mentioned will reach too high extreme levels as happened in 2009 – its stood on 2131 while today he stands on 2043 ,it’s really not far, more than that if you will look on the bars and the angle that price climbing, its really annoying angle ( Very sharp gradient) –this week we crossed this level !!!
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| dow jones forecast
Another signal who can show us that’s correction about to come :
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| markets correction |
According to the sentiment and the graph, we are on the edge and therefore I think this is the point in which it is worth trying to check whether it will work
I am talking about trading, of course, on the indices when I assume that the markets are in the process of correcting whether I am healthy or not yet know
But patch down almost certainly – with a probability of more than 70%
we are 2-3% from this area – for my opinion, this could bring correction, only time will tell
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| NASDAQ analysis |
This review does not including any document and/or file attached to it as an advice or recommendation to buy/sell securities and/or other advice
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