S&P500 Index Cloud Chart Trading Review: Consolidation Risk! S&P500 is very extended on the daily, weekly and monthly cloud chart. Be beware that the market is at risk of a 5% to 10% correction back down to key cloud chart support zones in Q1/Q2.
I keep an eye on the 4 hour cloud chart support levels to swing trade back into the SPX. So far the FOMO FED liquidity rally is driving the market bubble!