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traderbonk

Resistance forming in S&P500, maybe we saw the All Time High?

Short
ES1!*DXY  
traderbonk Updated   
ES1!*DXY  
Chart Patterns Beyond Technical Analysis S&P 500 E-Mini Futures S&P 500 (SPX500) SPDR S&P 500 ETF (SPY) spyshort SPX (S&P 500 Index) DXY dxyindex dollarindex
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chartpattern beyondta es1! spx500 spy spyshort spx dxy dxyindex dollarindex
When we multiply the ES1! with the dollar index DXY we can see some interesting resistance forming.

This also tells us how much money was printed and that a lot of the price gains must be considered as actually dollar weakness!

If we can not break this in the near future I will be all bearish for the S&P500.....

Comment:
Looks like we are still on track here. Next days could be interesting
Comment:
We ripped through.
Could be a last pre-crash blowoff or the beginning of a hefty upsurge.....

Would buy retests...
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