This is where we are now with SPX500.
Will it breaks out the 2nd attempt and charge higher OR breakdown from this important support turn resistance level ?
Apparently, NFP data, jobless claims, rising Coronavirus cases, etc could not stop the bull from slowing down. Is it possible the "Sell in May" notion is nothing but a myth to be talk about during coffee breaks among the floor traders ?
What catalysts would it be this time to trigger the next wave ?
Will it breaks out the 2nd attempt and charge higher OR breakdown from this important support turn resistance level ?
Apparently, NFP data, jobless claims, rising Coronavirus cases, etc could not stop the bull from slowing down. Is it possible the "Sell in May" notion is nothing but a myth to be talk about during coffee breaks among the floor traders ?
What catalysts would it be this time to trigger the next wave ?
Note
we are now getting very close to the end.......Note
very nice, a bearish candle but hold your celebration first, short sellers. wait for the pullback and then confirmation before initiating your shorts.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.