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The time has come! Sell in May and RUN away. 🏃♂️
Hello traders!
The time has come! Sell in May and RUN away. 🏃♂️
Today I want to give you a long-term forecast.
I have a Bearish view on all American Indices
S&P500 (ES), Nasdaq (NQ), and Dow Jones (YM)
.
● I never saw such a big amount of Bid HFTs with no one ASK, even a little!!! 😱
● The market made a breakout of the important resistance level on the daily chart and all the Bear passengers are exhausted to wait falling.
● The same finalizing of Bullish activity I see on
Nasdaq (NQ)
less on
Dow Jones (YM)
as the last time it is already not so strong.
It is only my personalized view of the market conditions! Be careful with risk management and the amount of the position ☝️
Have a nice week!
(Previously published in TVT School)
Sincerely, Taras Sviatun
Team Trading Volume Terminal
2023-05-21 13:01
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