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VulcanoRosso
Jun 26, 2020 11:13 AM

SPX MADNESS Long

US SPX 500OANDA

Description

going into hyperbubble phase?
Comments
JimParis
Thank you very much for your sharing Bro. One of the best analyses I've seen, we are very closed to the top of SPX madness.
VulcanoRosso
@JimParis, cheers Jim.
lu1977hk
Can you update any of your equity charts?
lu1977hk
any update on SPX?
VulcanoRosso
@lu1977hk, still expecting new ATHs. we can see some pullbacks but i think rally is not over yet.
lu1977hk
@VulcanoRosso, it’s already at ATH, what value do you give to the ATH? And at what value instead would you certify the top is in and we go for a strong move down?
VulcanoRosso
@lu1977hk, i'm waiting dow industrials to retest the top. i doubt it will make ATH like spx and nasdaq but can retag the pre covid-19 level near ~29.500 then crash may begin.
illuminating_trade
Wow!! Your target became larger...
JimParis
Thank you very much for your sharing, indeed this market is solidly hyper bubble and persistently bull. There were more than 3 times, it has been gap down overnight or over weekend, but it bounced up back like a miracle.
More bad news >>> more bulls, no doubt about it. More and more people want to short it, it is just a way to ''give'' free money for institutions or whales. Bear should be way "too patient".
zephin
solid take. thank you
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