peterchung16
Long

SP500 Long - Short Squeeze coming

FX:SPX500   S&P 500 index of US listed shares
669 1 3
6 months ago
Economy means Total Sum of Spending.

1. The Fiscal Spending accelerates in a extreme level. It means the Government spends tons and tons of money to keep the Economy from going south. Yes. We won't have a market crash. The worst is that the market will go Trading Range for a year.

2. The Smart money already buy from the dip.

3. The Bearish sentiment is very strong. That means Retail still don't trust any rally.

4. Retail Earning is good. That means the Corporation will buy back their share of the stock

5. Bonds purchase has been extreme. 4 Trillion worth of bond is sold. Thus, the FED rate came down.

6. Bond Interest payment is extremely high. It is 4 Trillion dollars. We sold 4 trillion dollars worth of Bond instrument.
6 months ago
Comment: This is the third sell off to 2050 area. There are massive buy order at 2050 area.

1. The market was weak, because a massive transfer of asset goes from the Weak Hand to the Strong Hand.

2. The fundamental picture is unchanged. Therefore, this is the base of the market take off.
6 months ago
Comment: The Fundamental pictures didn't change.

1. Smart money buys massively at 2025.

2. The Bears tried to break 2030 for three times. In a macro daily Technical Analysis, it looks like ABC correction. The fundamental support this point of view.

3. The experienced bear would give up already, because it looks like a Trading Range. The hints is today, massive reversal on 2025. Bulls buys aggressively at the dip.

4. The USD/YEN is still rallying, it means that the Japanese buying pressure on the US equities is high.

5. FOMC minutes tells you that they will raise the RATE. ( YOU GOTTA TO BE CRAZY. IF you don't pay attention to the FOMC minute. The market will be flooded with Money.
6 months ago
Comment: Today, it is an excellent example. That it is trapping the short. The reason why, there were rally in the May. Simply, the short are covering. The Bull is buying back aggressively for every market downfall.

Smart Bulls are buying at this level 2025 to 2045. The retails are starting to buy at 2100. We are rallying to August. Folks.
6 months ago
Trade closed: target reached: If you haven't bought from the dip, then you miss out this rally. The smart money sell on strength, waiting for pull back to 2060 level.
bahmamadou
6 months ago
It seems that you are perfectly right! Congratulations - Shorts are begining to be squeezed!
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