S&P: about to boom?

S&P: about to boom?

2020-11-23 • Updated

Have you noticed this W-shaped trajectory of the S&P? Last time, in summer, once it was completed, there was a small period of downward correction right at the end of the W – you may see it marked by the double red line. After that small drop, the S&P went boosted upwards.

Currently, we are right at this local drop at the end of the W-shape. So let’s test our hypothesis of the pattern repetition: if it’s true, the S&P should go upwards all-in as early as next week. Get prepared!


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USD: trading it short-term

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