I was thinking that as prices have broken market structure we could see prices go back down to support level because of the ascending triangle that looks to be forming.
Feel free to drop your opinions in the comments.
Positive rise from may 2020, transitions from trump to Biden with new laws and restrictions, we should see a negative shelf in the near future. However it is a good test for Americans economic resilience. Any other ideas or opinions welcome !
With in a 52wk range there has been a high of 4,993,89-7,585,98 on index value. with it on a negative slope, working out if it will fall below the index value of 6400,0 as of previous events brings me uncertainty. With the average constituent size of 15,010 and the highest being of 109,418. Buy or sell ???