S&P 500 IndexLong
Breaking the multi year Trading Range
Updated
1. The fundamental picture is still very strong, meaning earnings and fiscal policy.
2. The rate hike will definitely breaks the multiyear Trading Range.
3. Buy when the SPX is going down
2. The rate hike will definitely breaks the multiyear Trading Range.
3. Buy when the SPX is going down
Note
Buy SP500 when it is below 2060.Note
The Bears are crushed by short squeeze. They wouldn't attempt to short until 2110 level. The bear can only plays the countertrend trading. This is extremely hard for the bear. The Bull will buy in every attempt to short/sell the market. The Smart Money is already cashed out, waiting for pullback to 2070 - 2060 region.
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