Shalom Wadu Community,
In this Video we went over the UNEXPECTED BULLISHNESS that we have experienced within this past 2 weeks on this market. We Bounced up at Weekly support much higher than expected bringing us to the conclusion, it is likely possible we can see a NEW ATH on the S&P. There is a Valid Buy Setup Support at/around 3430-3440. In addition, we also talk about the Monthly Fibbonacci Retracement Levels (38, 50, 61) where we can expect S&P 500 to move down to when the time is right!
In this Video we went over the UNEXPECTED BULLISHNESS that we have experienced within this past 2 weeks on this market. We Bounced up at Weekly support much higher than expected bringing us to the conclusion, it is likely possible we can see a NEW ATH on the S&P. There is a Valid Buy Setup Support at/around 3430-3440. In addition, we also talk about the Monthly Fibbonacci Retracement Levels (38, 50, 61) where we can expect S&P 500 to move down to when the time is right!