Rovart

SPX | EUPHORIA (?)

SP:SPX   S&P 500 Index
Must admit, I had looses last week with SPX             . But just want to remember that a new high doesnt always mean a new uptrend. Look 2008.

My opinion, based on just speculation, is that this MAY be a bulltrap. I may be wrong and crash just wont happen this year BUT there are some FA to believe it will:

  • Banks
  • Fixed rent / bond market bubble
  • Recession
  • No more methods to help econommy from central banks (Rates are already too low)

In TA view we still have divergences at MACD and RSI .
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