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SPY 4K. The bulls (FED) were right.
SPDR S&P 500 ETF TRUST
Long
SPY 4K. The bulls (FED) were right.
By UnknownUnicorn3272672
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Jun 5, 2020
7
Jun 5, 2020
Please do you DD and invest wisely.
The market has broken all resistance to the upside since the last lows in March.
The Fed clearly held the market up and seem to have held it up long enough to cause FOMO in retail investors.
From a technical point, I think we are now headed to new all time high.
I am predicting this will happen by November of this year so I will take my long positions carefully with aggressive stop loss going to November.
Technical Indicators
SPDR S&P 500 ETF (SPY)
spylong
Wave Analysis
UnknownUnicorn3272672
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