graham.edwards84

SPX - S&P 500 hitting resistance here

graham.edwards84 Updated   
SP:SPX   S&P 500 Index
It was only about 6 months ago I guess and my news feed was buzzing with "the big crash is imminent" stories... not so much anymore... whatever happened to those guys? FOMO I guess...

I think we could hit some resistance here though, I mean it has had quite a good run. Not the top yet though in my opinion but this area is usually good for a decent pullback and it could end up being quite a shaker!

I'll be watching for those guys again on my feed... you know, the "told you so" guys who will once again have eggy chins... lol...
Comment:
This Canadian index below is full of precious metals, like gold -0.01% and silver -0.58% miners, cannabis stocks and commodities based stocks. It has been consolidating for quite some time as you can see... Looks to be breaking out now. Could be a good idea to find some decent picks in this index to go long over the next year or two.

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