$S&P 500(.SPX)$ Current trend line indicators are getting squeezed at the moment so it looks to be teetering on a cliff edge drop, but the way it’s been going it’ll probably drop a bit and then bounce to new highs.

Patiently waiting for the drop, but the market has been defying trend line logistics and keeps going up 🧐

With company valuations already stretched beyond their real value one must ask how long might this inflated bubble last given the global economic environment which is anything but an economic boom time

Time to throw the rule book out the window and wait for the peps who run Wall Street to start laying down mass quantum of putts on the major indexes and follow suit 

If you look at the lay of the land in terms of volume quantum on the chart you can see that over the course of the day(s) it generally has a comparable level of volume, but then in select half hour periods generally at the very end of the trading day you get outliers of volume in the 2 billion range -

These have been clearly shown as CALL trades as of late so what is this telling us?

Well it's Indicating to me anyway that you can pretty much count on the market still going up in the overnight trading period.

So being vigilant to the market dictators trading volumes in these times of when the market keeps denying economic logic is the backbone of being comfortable in placing trades with more confidence in knowing that Wall Street doesn't tend to lose.

As the old age adage goes, if you can't beat them, then join them 😊

Good luck to all for profiteering going forward and be interested in what other indicators others are using to predict where the market is heading as I'm a relative noobie and have had to learn a lot through losses and so patiently waiting to turn this trend line around before I'm bankrupt again 😝

Chur 🤙