chartwatchers

SPX - Show must go on

Long
OANDA:SPX500USD   S&P 500 Index
This call is based on the swing today.
I don't want to make this too complicated because as you can see Trump left Biden arrived but one thing is not changing : and this is the stock market rally.

Will it last forever ? Of course not . Biden will end this bull market in a year.
But until that let's enjoy free money.


Notice how the RSI tagged the oversold territory first time since october.

I will stop out the position if we drop below yesterday's low.
Trade closed manually:

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