Positive company earnings are priced in, corp. tax cut effects same. Fixed income yields are on the rise, in the past 5 years a break below the 200 MA brought 8-10 percent corrections.
Note
Still waiting to see if a break below 200 EMA happens. Sell limit in place.
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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.