Steel, if you look at the candle bottoms this week
Post# of 123789
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Posted On: 03/20/2020 7:10:51 PM
Re: Steel Reserve #35008
Steel, if you look at the candle bottoms this week of the 4 major averages, it looks like a base is forming. But news can change anything.
https://www.finviz.com/futures_charts.ashx?p=d1&t=YM
https://www.finviz.com/futures_charts.ashx?t=ES&p=d1
https://www.finviz.com/futures_charts.ashx?t=NQ&p=d1
https://www.finviz.com/futures_charts.ashx?t=ER2&p=d1
IMO, many stocks were overvalued. I don't see us setting new index highs maybe in many years. It took from 1964 to 1983 beat the 1964 top meaningfully. Might be a traders market for 19 years, like 64-83?
https://stockcharts.com/freecharts/historical...dexes.html
https://www.finviz.com/futures_charts.ashx?p=d1&t=YM
https://www.finviz.com/futures_charts.ashx?t=ES&p=d1
https://www.finviz.com/futures_charts.ashx?t=NQ&p=d1
https://www.finviz.com/futures_charts.ashx?t=ER2&p=d1
IMO, many stocks were overvalued. I don't see us setting new index highs maybe in many years. It took from 1964 to 1983 beat the 1964 top meaningfully. Might be a traders market for 19 years, like 64-83?
https://stockcharts.com/freecharts/historical...dexes.html
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