Dirty 30 is seems pretty clear and including its move since March we have to say that it is pretty bullish/hawkish. I am only looking at this from a technical approach but I know I must include the fundamentals in once we get more data. For example I drew a zone(light blue) that represents support price could be attracted too before breaking this resistance. What...
SP500 created an inverse head and shoulder on the DAILY time frame. Price has already bought up from the neck line. So expect a shallow retest into the zone of $4000- $4080. Confirmation for uptrend was after price broke out of consolidation.
