SPX500USD: Update 4 - Who Said That SPX Is Going To Move Down?

Since the first idea that I have published on November 12, SPX keeps moving up and the bullish momentum is still intact. What we can see are only small corrections that we can not take into consideration as a change in the trend direction. So be careful and believe in USA economy😉

Thank you and Good Luck!

Idea No.1

Idea No.2

Idea No.3

Idea No.4

Idea No.5

Comment:

SPX is moving through a strong resistance zone. In the daily chart this area is between the prices 3690 - 3768 - 3822. We must keep in mind that with strong areas of resistance ahead does not mean that the price will change the direction of the trend. This means that we need to pay attention to those areas and collect new data. A lot of people are thinking that everything is priced in... yes this is true ... so stay like a BULL as long as you do not take the first punch :) What I mean by this is ... do as many trades as you can with the Bullish Trend and you will be only burn once, because the fall should be very aggressive as everything is priced in.

Comment:

TP1 reached. The price continues to rise for the 3822 target