fightingdragons

SPX Big Move coming - Melt Up?

Long
SP:SPX   S&P 500 Index
SPX coiling and readying for a big move by Valentine's day.

AAII sentiment 44% bearish vs 27% bullish. I take that as bullish outlook for stocks.

USA covid cases has peaked and are falling quickly towards the base by next week. Possibility of covid being declared endemic next week thereby triggering a melt up?



Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.