.SPX: What's Going on Next?
Hello everyone! Today i want to share some trading analysis with you!
1.
Too Bullish to Rise Higher: $.SPX(.SPX)$
(1) the latest AAII survey registered the highest bullish sentiment over two months--almost half of participants are bullish.
(2) so, at the very least, the market exhausts its fuel for climbing much higher--just like the previous high in mid-Sept.
2.
$.SPX(.SPX)$ 5860 reached--2-3 points away from the actual 50% mark of 5858. Be ready for a large rebound here.
Follow me to learn more about analysis!!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
