Rob.Reynolds
Long

S&P500 set for sugar pop

FX:SPX500   S&P 500 Index
Apologies for the poor sound, I recorded this using my earphones (in a waiting room and making use of the time ;). Have a wonderful day all!
Comment: Just had a listen over it, seems the earphones didn't pick up much volume. I will re-do this video later this evening.
Comment:
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Hi rob thanks for your update. In regards to the dollar becoming weaker, how does this improve the sp500 index? Is the sp500 not american companies which mainly have revenue generation in the US? The Fed has signaled a potential cut in the coming months which you and the markets have correctly forecast. So doesn't this just mean that the monetary base is expanding again and liquidity will drive the asset prices higher? Are you expecting a higher high over the next few months off the low of 2600~. With ISM data weakening/trade war fears applying pressure on the markets wouldn't this signal the end of the cycle? What do you see as the catalyst for a push higher off this low? Is it just the crazy phase in the market where everyone buys? It seems to me there is so much fear in the markets in regards to tariffs and it really doesn't look like the trade war will end soon.
Thanks :)

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giltwenty giltwenty


here is what I'm seeing technically
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