Tez8

S&P500 Long : 20-26 Aug period for pullback

Long
CURRENCYCOM:US500   S&P 500
SUMMARY: Long, even though indicators and cycle theory would conclude short, however, fundamentals and monetary policy are supporting bull trend.

I am preparing this primarily for BTC HODLers and Traders.

-- Technical --
Very large rising wedge and markets are overextended on valuations.

May have a small pull back in the last 10 days of August - cycles

-- Fundamentals --
Fiscal and Monetary policies are pushing asset prices higher, expect this to continue well into 2022 and pushed high with US elections and pork-barrelling.


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

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