i want 3k price but market not strong enough to give me that. I'm bearish for one reason NO VACCINE. who is bullish as of this very moment. Let's chat. As always leave your like and your comments. Good day mates!
Time to go short will be when all the retail masses are bullish. I don't see that happening until 3000 SPX is broken and all those stops on level 3 are taken out converting shorts to bulls. This wedge pattern has been way too easy to predict a collapse and is precisely why it isn't happening. Btw: herd immunity IS the vaccine. The economy and people aren't going to wait anymore. The fear mongers narrative is falling apart with the CDC now stating that the "virus does NOT spread easily on contaminated surfaces", so it's not as contagious as they initially thought. Btw: in 2018, 80000 people in the US died of the seasonal flu (google it) and the media didn't bat an eye. If this market doesn't roll over after hitting 3000, I doubt it will and all time highs will be on th he docket.
@DaddySawbucks, yea it should rise up now. positive news from the federal reserve meeting. They are wiling to print as much money as possible to get the economy flowing. Thats a good for the people that can't trade or know how to trade.