Quantcast
Channel: XLE – Capital Essence
Viewing all articles
Browse latest Browse all 151

S&P Overbought but Downside Risk Could be Limited as Momentum Remains Supportive

$
0
0
market is overbought following recent advance. Nonetheless, Money Flow measure and momentum remain supportive so downside risk could be limited. It is possible that S&P could continue to drift higher as trading sentiment remains strong. As for strategy, buying into short-term dips remains the most profitable strategy

Viewing all articles
Browse latest Browse all 151

Trending Articles