Opinions from a stock market trader.
Disclaimer: The contents in this blog are purely for entertainment and educational purposes only. They are not investment advice. Use them at your own risk.
Wednesday, May 19, 2021
HOW LOW WILL IT GO?
Now that the S&P 500 appears to be in a pullback mode, the question most traders are asking is "HOW LOW WILL IT GO?" In this S&P 500 technical analysis, we will analyze the S&P 500, review the stock market sentiments and its internals, look at the emini S&P 500 futures profile charts and see where the sp500 is heading. In addition, we will look at the 10 year yield, the US dollar, and the gold market.
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10 years yield,
Gold,
SPX NDX RUT DJI DJT,
US DOLLARS