Been working on a new Volatility + Volume script to identify key inflection points in the market - Here is $SPX YTD
"Sell" Signal triggered today ahead of big tech earnings
*Signals must be contextualized within the trend*
Sell = Short
The top bullish trend oversold signals are $GO $AMWL & the top bearish trend overbought signals are $RMD $THC $PPLT $INVH $KR $BXP $DXCM $RCL $COO $UDR $SAND $LULU
#macro#finance#trading
124 of 427 ticker we track are signaling overbought with a bearish trend. An addition 75 are signaling overbought with a bullish trend. Very overbought here, donβt chase this move. π #macro#FederalReserve#growthslowing