$S&P 500(.SPX)$ - Timing a Pullback After a Breadth Thrust is a Challenge
For that reason, turning off the news and staying long when the price is above the key support level pays out. The gap at $5,304 will last for long open, and the 200 DMA may act as support for any pullback.
The Bollinger bands say the party is not over, also the RSI since it isn't overbought.
Image
And I have a question:
Why $Netflix(NFLX)$ is not a Magnificent one?
It has performed better than most Magnificent Seven.
And it was a FANG stock.
For whom haven't open CBA can know more from below:
🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!
Find out more here:
Trade on a Cash Boost Account and enjoy up to 6 months of Commission-Free trading.
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
Comments