STOCK MARKET SETS UP TWO TRAPS AND INVESTORS ARE FALLING INTO THEM $AAPL $AMZN $BA $FB $MU $NKE $QRVO $SBUX $GOOG
Nobody likes to fall into a trap. Yet investors may soon be falling into two traps that the stock market has potentially set up.
Let’s explore the issue with the help of a chart.
Please click here for an annotated chart of ETF S&P 500 ETF SPY which represents the S&P 500 Index SPX. Please note the following:
• The chart shows two potential traps that the stock market has set up and investors are slowly falling into.
• The potential bull trap is characterized by the breakout of stock prices above the green line shown on the chart.
• The potential bear trap is shown by stock prices falling below the orange line shown on the chart.… Please click here or the title below to read more.
May 9, 2019