Nee_sh

Can the S&P keep going up?

Nee_sh Updated   
OANDA:SPX500USD   S&P 500 Index
On Monday S&P broke the history high once again and today's candle stick broke the previous trendline with a more aggressive hike.
RSI is in uptrend, but its already in the overbrought zone.
MACD is bullish.
I don't want to buy this market, because i think everything are too expensive to buy right now.
I am waiting for a clear signal to short this market.
Comment:
S&P keep moving inside the uptrend zone and reached new record high.
Comment:
S&P is heading to the support at 2868 level, the uptrend line is still valid. let's see what will happen
Comment:
A nice waterfall!
Trade closed: target reached:
No more to say. It was the most beautiful waterfall I've ever seen.
Yes, it's a bear market.
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.