Just_Roy

Pass or fail time? Still a bull here for now......

Long
SP:SPX   S&P 500 Index
Mainly trading viewing 1 & 4 hr time frames resistance became support on the top of the trendline. It's at a resistance level if broken we are looking at all time highs yet again. The markets are flooded with cheap money. When will the music stop is the question? We are closer to a top than a bottom but it would make no sense to short on a long timeframe without confirmation of a down-trending move. My bias is still bull until it isn't. This chart isn't a prediction of what is to come, just trading what is seen day to day. Stay safe out there and happy trading :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.