Resistance forming in S&P500, maybe we saw the All Time High?

By traderbonk
Updated
When we multiply the ES1! with the dollar index DXY we can see some interesting resistance forming.

This also tells us how much money was printed and that a lot of the price gains must be considered as actually dollar weakness!

If we can not break this in the near future I will be all bearish for the S&P500.....

Comment
Looks like we are still on track here. Next days could be interesting
Comment
We ripped through.
Could be a last pre-crash blowoff or the beginning of a hefty upsurge.....

Would buy retests...
Beyond Technical AnalysisChart PatternsdollarindexDXYdxyindexS&P 500 E-Mini FuturesSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spyshort
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