SP500- up, up, up!
After US election, SP500 has started to rise and now is trading more than 10% up since the recent low and just under all-time high.
Although I don't see any fundamental reason for this rise the market always knows better.
From the technical point of view, the index broke above the trendline resistance of a symmetrical triangle and we can see a new all-time high and a run to 4k zone.
Dips should be bought for SP
Although I don't see any fundamental reason for this rise the market always knows better.
From the technical point of view, the index broke above the trendline resistance of a symmetrical triangle and we can see a new all-time high and a run to 4k zone.
Dips should be bought for SP
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