Readying The Sell

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ValueWalk

S&P 500 looks set to open on a relatively strong note, and the unbeaten resistance is approaching again. 4,180 or a tad above, is where the bears are. Crude oil and precious metals are improving today, and the retracement in copper would likewise be duly reversed, even if not today. The crypto upswing would likewise give way to further selling, but hasn‘t yet run the course. Q1 2022 hedge fund letters, conferences and more (…) S&P 500 gave up Thursday‘s gains much too easily – not even the short window of opportunity gets acted upon. Medium-term trend is winning – stocks will roll over to a fr…

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