NDX & SPX , Stay heavy on positions. (QLD, TQQQ)
While the market continues to break all-time highs, market participants remain cautious.
Some are even anticipating a pullback in September, and overall, expectations for a correction are widely present.
Interestingly, market participants often have a good instinct for major turning points.
The issue, however, is timing—they tend to act too early.
** This analysis is based solely on the quantification of crowd psychology.
It does not incorporate price action, trading volume, or macroeconomic indicators.
While the market continues to break all-time highs, market participants remain cautious.
Some are even anticipating a pullback in September, and overall, expectations for a correction are widely present.
Interestingly, market participants often have a good instinct for major turning points.
The issue, however, is timing—they tend to act too early.
** This analysis is based solely on the quantification of crowd psychology.
It does not incorporate price action, trading volume, or macroeconomic indicators.
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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.
Related publications
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.