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pepetradethere
Apr 8, 2021 9:39 PM

It's only just begun 

SPDR S&P 500 ETF TRUSTArca

Description

Fed is in control.

Float the way up to 500.
Very few sellers, too many buyers willing to jam the price up.
Looking to break out right now.

Comment

Little bit below my blue crayon. Looking good
Comments
CJS04
You should NOT be in the stock market.
shkspr
@CJS04 my regards to the writer, but I can't stop laughing. LOL.
pepetradethere
autopilot6236
@CJS04, your avatar is perfect btw, spot on
tradecontrarian
This is what every yokel with a RobinHood account thinks at the top of every bubble. This is you in Feb 2000, and you in July 2008. Id cover yourself if I were you, there is about to be a correction
pepetradethere
@tradecontrarian, I am not a Yokel robinhood trader.
MacBull1557
@tradecontrarian, could you explain why not. yes we entered bubble territory right after breaking that 406 level, with a strong breakout, there are 4.5 trillions dollars waiting to enter the dip of the breakout, wished we have a healthy retracement to 363 but that didn't happen, market is bullish, many major indicators are at top screaming don't go long, in the same time, history tell us, it could take long time before a major correction , we already had 6% correction twice , and about one year we had bear market correction which according to statistics , it only happens once every 4 to 5 year, dollor is bearish now, and Bonds under feds control with banks asked to keep 3 trillions on reserve, I see bonds going back to normal , inflation is going to happen , Fed chair said we are still way behind in unemployment and if you see the numbers and read the sheets of the minutes, you will notice the fed highlighted the unemployment of non white as major requirement to trigger a rise in interest, that category is lagging and still way behind the 2020 jan high, and yes I'm robinhood trader. bought in April last year and holding. very diverse and only in strong balance sheet companies.
QUANDRANTS
past 6 sessions in the S&P have outpaced the entire GDP forecast for 2021. There's no volume, it's a bag of turds. Keep buying breh.
knownSeahorse45895
100 points in a year lol. Come on, be realistic and dont burn your account with your belief
abigreen
switch to Craigslist :)
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