The S&P 500 is at new all time highs, and this market is well positioned to head significantly higher. I've featured the pattern on this chart in several other analyses, and it shows that the market is setting up perfectly for an upside continuation. From my perspective, as an analyst, this is strong evidence that the bull market is entering a new continuation phase. Based on the previous examples on my chart, you can see that these phases last for several years. While they do appear to be shortening in duration, the nex test of the 50 MA will be the warning sign that the peak is near. The chart indicates that the next major peak could occur about two years from now. So, I believe that the stock market is entering a brand new expansion of the bull market, which should last for a considerable amount of time, carrying equity prices higher in the coming years.
I'm The Master of The Charts, The Professor, The Legend, The King, and I go by the name of Magic! Au revoir.
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
Wait, what happened with the end of all markets based on your previous analysis lol. I guess it’s time to sell my stocks. Poopindicator is signaling a retrace lol
The_Bitcoin_Prophet
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If poop is long, you gotta be short. Never fails.
streetgainer
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Lol!!... You missed huge gains trying to front run a channel break that never happened, now you're back (at the TOP) calling for an "expansion". HaHAHA!!!
This you?..
You are the WORSE of the worst.
lmao!!
MrMarketMaker
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@streetgainer, he really is. It's almost like its a troll. It has to be. nobody can be this stupid.
streetgainer
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The markets were at the top and you should have been unwinding. I warned against listening to this idiot.
UnknownUnicorn1375590
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@streetgainer, loooooooooooooooooooooooooooooooooooooooooooooooooooool
What a joke!
STPAUL007
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SOLD EVERYTHING TO THE BONDS. TY POOP !
asfbhero
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Well I suppose it’s time to get short the indices lol
UnknownUnicorn3272583
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I have to disagree with you, to me this looks like a desperate attempt for continuation before a big fall, news all around are all setting up for a fall. Also there are many bearish indicators on weekly and monthly time frames.. not sure when, but bull's are reaching exhaustion
VisionCodeX
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I recall telling you this back when you said the end was near and how it would be good for crypto. Your late, my followers have been long SPY + QQQ call options since mid-October.