S&P 500 - Channel Break to back-to-back-to-back All Time Highs

SP:SPX   S&P 500 Index
146 0 0
Warranted or not, the SPX             is on a roll and continues to move higher. This channel break is fairly significant given that it has provided key areas to trade around since May so the move and continuation through it could very well be from bears taking the anticipated trade off.

I see this market becoming more attractive to a trader who has a full list of long/short ideas. Having selective trades on each side will provide protection for whatever this market throws at you and with market breadth deteriorating you can make money long and short all while the market continues to inflate.

Side note: highest RSI level of the year is 74.5 so keep your eye on this as it just passed 70.5.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out