S&P 500 IndexLong
Macro Hopium
Updated
I heard everyone is bear so here's a Bull chart of S&P, Dollar and Gold
- S&P retracing from the bear rally - may be finding support here on the upper bear trendline
- Gold - cup and handle waiting to break up
- DXY - testing resistance line - may create a double top if stays under
With fed being on vacation I'm expecting a relief for bulls as we range on latest CPI optimism
May the spirit of Harambe bless your portfolios!
- S&P retracing from the bear rally - may be finding support here on the upper bear trendline
- Gold - cup and handle waiting to break up
- DXY - testing resistance line - may create a double top if stays under
With fed being on vacation I'm expecting a relief for bulls as we range on latest CPI optimism
May the spirit of Harambe bless your portfolios!
Note
Fibs back to last year would agree with DXY having topped
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Note
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