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frodo75
May 29, 2021 5:51 PM

Bulls on rampage Long

SPDR S&P 500 ETF TRUSTArca

Description

My thoughts on the chart.
Comments
akatsiya
not a single indicator used. you use too little data to make this conclusion
frodo75
@akatsiya, Different methodologies. Not all use indicators that are lagging. Most gurus if forced may divulge they use 20 or 50 or 200 daily simple moving average but solely as an aid.
poister198
Agree, also seasonally the selling is over, believe the bottom of the year has been reached. Very safe to go long here and wait out
AlexT
@poister198, what if the Feds raise interest rates to counter inflation? That would immediately tank the markets.
poister198
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