LagunitaLLC

SPX (04/14/2020) - Bullish in the morning, drop at the end.

Long
SP:SPX   S&P 500 Index
FA
+FED pumps incoming.
+Earnings season.
+Covid-19 is slowing down.
+Stimulus money is being deposited.
- There is no other news besides speculations.
+ The current rallies are all speculative, so be careful when shorting. Large caps are expected to move higher as people see them as "safe heaven".

TA
A short squeeze will set the stock higher in the morning.
However, in order to secure a bullish trend, it might have a drop during the day.

Good luck.
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