Get ready for an ATH.... you heard here
Long S&P 500 for a bounce, this will break all time highs. No volume on the sells which means more shake up north. Vehicle sales are crazy on December. Same thing that happened during summer. Rinse an Repeat of summer but winter
Here is the Ichimoku Cloud for SVXY. Found in this indicator is a hidden cloud between the Conversion Line & Base Line. As mentioned, this 2nd cloud forecasts a change when price enters its range. Additionally, the Bollinger Bands indicate a potential breakout soon.
My last SPY call went perfect. Market keeps moving the counter of expected. I shall behave and follow the market... Long SVXY
Graph should be sell explanatory. Short-term test of that resistance. Long-Term is Iffy