$S&P 500 Index (.SPX.US)$ The index has risen for four conse...
The index rose for the fourth consecutive day, directly above the monthly line. This operation directly ignores the situation in the Middle East and tightening. This pause in interest rate hikes has not yet escaped the peak of interest rates. The greedy market tells us that there are still plenty of rich people in this market.
Today's trend can be considered as overbought, and it is normal to see a late rebound. It's been a long time since I've seen four complete K-bars like this. Is the rapid rise in the index for stock rotation or escape?!
Only time will tell the truth.
Today's trend can be considered as overbought, and it is normal to see a late rebound. It's been a long time since I've seen four complete K-bars like this. Is the rapid rise in the index for stock rotation or escape?!
Only time will tell the truth.
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