B9O9L

SPX500 Blow Off like summer 1998

Long
FX:SPX500   S&P 500 Index
should be evrey thing prepared for gap up to ATH next days and do a summer rally up like 1998 - before game over
Take a look at the 1998 chart and see the final blow off - there is pressure linke in a seam pot
The problem is they need to sell the US stocks to other weak hands before going down
The PPT does job well and can create a blow off
will see soon, bullishness is not out there
Just my two cents
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.