chartwatchers

S&P 500- The Bubble

Long
OANDA:SPX500USD   S&P 500 Index
No question stocks are in the euphoria phase for months now.
I'm quite sure the last few days' correction was the final correction before we enter the Bitcoin-like-vertical phase.

During the European night we tagged the 200 SMA on the daily chart and bounced powerfully from that level.
If I'm right we are going to see something we can see in every 20 years.
Imagine Bitcoin and double the gains. We have serious companies, technologies and knowledge behind these indices.

I'm calling for SPX500USD 3500-4000 before the end of this year.

I don't want to waste your time, just launch this idea right at market open.
Comment:
S&P is even better.
Bouncing hard from the 200 SMA.
Comment:
At the previous corrections price needed to break below the 200 SMA

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