This is a secular Bull Market
Something to watch: $S&P 500(.SPX)$ in green zone and that is fine and beautiful, the indexes opened above the warning level.
$Cboe Volatility Index(VIX)$ in also in green zone.
Deep green, more than the indexes. Something to watch.
If price retraces here, as it suggests, it’s better to wait for a bullish reversal candle instead of make a bet for a specific level.
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Of course, this is a secular Bull Market.
Forget about $4600 for SPX, as I’ve written since JANUARY. And $4800 is not an option either.
Potential HEALTHY pullback coming, but not even to $5000.
The big turbulence is still above current levels.
https://x.com/SmartReversals/status/1792524919919501631
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- DebbyLily·05-21However, I understand that you believe the big turbulence is still ahead.LikeReport