TEX-ANALYTICS

S&P BUBBLEBURST COULD BE IMMINENT

Short
TEX-ANALYTICS Aggiornato   
TVC:SPX   S&P 500
POTUS is making promises causing the market to be too optimistic. Longing here would be (IMO) very risky. I heavily expect a big drop and therefore I´ll wait for a better price to buy.
Commento:
Pandemic not Pandamic ^^
Commento:
A closer look: +DMA is above the -DMA with the ADX rising suggesting a strengthening (short-term) uptrend. MACD with increasing divergence supporting the short term uptrend. Next real resistance is at 2892 and a further (unlikely) bull-trend is confirmed once we break through the 2892 lvl.

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