chartwatchers

SPX500 - If you are printing we are buying

Long
FX:SPX500   S&P 500 Index
48
Central banks' money printing is at maximum level. How do I know ?
Because stock markets cannot print a healthy correction. We should have come down to the daily cycle low already. But it's not happening. If we cannot come down to the daily cycle low it means the buying pressure is so strong that we are going sideways or breaking to new highs.

I don't want to get left behind at the station.
If they are printing I'm buying.

I'm quite sure we are breaking to new highs soon.
MACD is crossing over soon. SlowStoch is oervbought but can be overbought for a long time just like from February till April...
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