SPX new highs or current trend continuation? Price will tell.
I will be waiting this one out while watching 1. The $2 400 support, 2.The 11year trendline & 3. The $3 386 record high.
Any violation by price at these 3 crucial levels will be an indication of the next big move, the waiting game is the only low-risk game to play right about now.
Any violation by price at these 3 crucial levels will be an indication of the next big move, the waiting game is the only low-risk game to play right about now.
Trade active:
4months later, S&P500 is trading at $3 435.00.. price has 2days being outside its pre Covid-19 highs. That's right, two bullish candlesticks above the $3 386.00 previous all time high.