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CRITICAL SUPPORT! Last Chance For BULLS! (SPX GLD DXY)
The S&P500 is still in a free fall from it's rejection! Watch price action for a positive bounce and evidence of buyers coming in before trying to catch a falling knife. It seems like, unless that happens, we will remain in a downtrend with lower highs and lower lows. Watch the price action and let it do ALL of the talking. Check out the analysis!
Checkout my daily technical analysis on SPY, GLD and the DXY
Welcome to the channel:
I review the SP500, Precious Metals, Commodities, and Cryptocurrencies through a technical and Fundamental Analysis blend with a good amount of historical research. I use simple momentum indicators like the MACD and RSI to analyse and predict trends using divergence and overbought/oversold readings. I show you these in a way that is easy to understand for everyone in quick format videos.
DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :)
#SPX #SPY #SP500 #GLD #DXY #StockMarket #marketsize
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