OANDA:SPX500USD   S&P 500 Index
The number of investors has decreased over the past month,
Everything was classic they reported that a record number of brokerage accounts opened, people ran to the stock exchanges began to be interested in investments and of course, everything happens at the last moment.
Markets fell
I got these signals when people who had never experienced an investment started asking how to buy shares.
I track these signals very well - this entire process is explained by the logistics curve - the speed of information distribution
schedule

The US government has done much to stop this decline
- Stop exchanges
- Reducing the interest rate to zero
- The unlimited QE - an incentive program

I think the first wave is over and now I expect a local reversal.
The bottom is formed, the levels are held, the resistance line is broken.
And perhaps we will hold on to these pillars for another quarter or even go up.

This is despite the fact that the real sector, the real economy will be in a difficult position.
A large increase in business activity is possible.
Warehouse stocks are depleted, the population has lost a significant part of its purchasing power, but the US is now flooding everything with money and directly giving citizens money, only to those families who paid taxes.
For this reason, I expect a rebound in the real sector, but it will not belong,
because all the debt problems remained, the real estate market burst, and a wave of consumer bankruptcies.
There will be a short-term economic recovery, and then there will be another wave of decline
There have been no defaults in the world's economies yet.

We are witnesses to a changing economic system

Best Regards EXCAVO
Comment: Daily chart
Comment:
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Comments

so, you were right again. really superpower! what´s next ? ;)
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Gratz, right in the money. Thanks for sharing.
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Great analysis! What’s next
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Well calculated resistance area of 2890.
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WoW your target is just too acurate...
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Congrats!
It has reached to your target!
It’s time for our next move :-)
Yessssir
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so far played out how you called it, well done. mine is still in play as well, similar to your idea.
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Right at the resistance level at the aftermarket move. Tomorrow the resistance 2880 would become the support level ;)
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Great call Excavo --!! Punch in the nose at the resistance line on SP500
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Very nice job man ...!!!
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