S&P Showing Dominance in 2021!
Another week and another record set for the S&P 500 which is having a strong 2021 so far.
A new president is in the White House and stocks continue to fly as our scanners are
signalling plenty of investing opportunities.
Since the breakout of the September to November consolidation zone, price has now climbed
a healthy 7.4% and still rising.
With the 20 simple moving average being the main source of support at the moment, we can
see a strong linear trend is in play and we want the trend to continue on its smooth journey
up towards the $4000 round number.
Within the S&P, the Information Technology sector is starting to shine once again and is
continuing the momentum from the impulsive growth we experienced during the peak of
the global pandemic last year.
As the weeks and months go by we want to see the pattern of higher highs and higher lows
remain as the norm and this will result in more and more opportunities appearing in our portfolio.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
A new president is in the White House and stocks continue to fly as our scanners are
signalling plenty of investing opportunities.
Since the breakout of the September to November consolidation zone, price has now climbed
a healthy 7.4% and still rising.
With the 20 simple moving average being the main source of support at the moment, we can
see a strong linear trend is in play and we want the trend to continue on its smooth journey
up towards the $4000 round number.
Within the S&P, the Information Technology sector is starting to shine once again and is
continuing the momentum from the impulsive growth we experienced during the peak of
the global pandemic last year.
As the weeks and months go by we want to see the pattern of higher highs and higher lows
remain as the norm and this will result in more and more opportunities appearing in our portfolio.
See below for more information on our trading techniques.
As always, keep it simple, keep it Sublime.
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