SP500 Long - Huge Rising Wedge Reversal Pattern Risk

SUMMARY: Long, The SP500 is completely overextended and looks to have an excessive level of greed in the market, however, LONG because the Fed & Gov is supporting the market

Technical looks bearish but fundamentals are driving prices higher.

-- Technical --
There is a rising wedge - bearish signal

BB are pushing along the top of upper bound for months - bearish signal

The candles are way above the Gaussian Channel, should be mean reverting or retesting the top - bearish signal

RSI is drifting into over bought so the Stoch RSI - bearish signal

Slight hidden bearish divergence on the RSI

-- Fundamentals --

I believe the market will continue to rise as the US Government , through stimulus, and monetary policy via the Fed will continue to inflate financial assets.

CNN Fear & Greed Index - 24 (today)

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*Not financial advice and is for educational purposes only. Always DYOR.

SO: What do you think? Let me know below.