We are nearing "Trump-off" (i.e. risk-off) as lack of details of Trump's tax plan is forcing investors to consider off loading the risky part of their portfolio
Breach of the rising trend line would add credence to the RSI, which is close to breaching the neutral 50 level on the downside.
The index could slide to 2320 (another rising trend line support) in the short-run.
Breach of the rising trend line would add credence to the RSI, which is close to breaching the neutral 50 level on the downside.
The index could slide to 2320 (another rising trend line support) in the short-run.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.