At this point, nearly 5K is very dangerous to me sell puts or be in long at the SPX or SPY. The big frame of 2 weeks is overbought and sensible overbought like the finals of 2021 and the simple MACD show me a huge divergence in the picture.
I not say that the SP500 go to the hell today or tomorrow or any of this days, but the environment doesn´t the best to be in long...
This frame is for swing and just for check where is the market.
The lines are Bollinger bands by standard deviation, from 1 to 4, actually is nearly touching the 3 standard deviation.
I not say that the SP500 go to the hell today or tomorrow or any of this days, but the environment doesn´t the best to be in long...
This frame is for swing and just for check where is the market.
The lines are Bollinger bands by standard deviation, from 1 to 4, actually is nearly touching the 3 standard deviation.