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DanTheTraders
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SPM2016 50% | 1 SPX500 50% | 1
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S&P500 Long Trading Idea on Medium Term Time Frame
SPM2016
, 60Long
SPM2016: S&P500 Long Trading Idea on Medium Term Time Frame

Strong Impulse on H1 Time Frame, after breaking support line which then become a resistance. Next resistance is 2092.

NASDAQ100 compared to SP500
SPX500
, D
SPX500: NASDAQ100 compared to SP500

The exponential growth in NASDAQ is a clear sign of bubble conditions that can quickly reverse after the bubble burst.

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