MysteriousPersian

S&P breaks out against all odds

MysteriousPersian 업데이트됨   
FX:SPX500   S&P 500 인덱스
Possible target outlined in white. Breaking above reisistance as the economy plans to open up in early May. I still believe this looks incredibly bearish and a return to normal so quickly like this is a foreshadow of the end of the business cycle.

That being said, not point in fighting the trend now as short term bias is to the upside
코멘트:
Fake breakout as the indexes plunger back under 2900. expect high volatility with tihs degree of uncertainty and low volume
코멘트:
And back above breakout line after the GDP report released today shows a contraction of 4.8%... there is no more logic in these markets, the FED is the only driver now
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