Ian15

SPX Back to ALL TIME HIGH?

Long
SP:SPX   S&P 500 Index
America has staged a strong rebound since the steep decline in the winter of 2018 and we have breached resistance after resistance to our astonishment when everybody was talking about a retest and a continuation of the bear market. This once again reminds us the importance of respecting price action and the saying "The trend is your friend" and not defying it. In addition, this reminds us that anything is possible in the markets and people who try to be fortune tellers will eventually be slaughtered. Lastly, it looks like buyers are still not done yet after the break of 2865 and 2940 looks like the next goal for them...
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