andy.ismail

SPX500 S&P 500 waiting for reversal or breakout ?

FX:SPX500   S&P 500 Index
I think the reason is why SPX to many gain in this week is the Apple (AAPL) big gain, SPX can reach a new high but rationally it should be a correction to its fair price at 2055-2020.
In other side the safe heaven which is Gold like XAUUSD has met its support line and has a potention of rebound, that can be a signal for investor to move their money to the safe heaven
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