SP500 0.58% 2,958.8 standard & poor's 500

lol here. They are a big thing in CA, but Houston TX has a top...

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    lol here. They are a big thing in CA, but Houston TX has a top 10 list out. Australia behind the 8 ball as usual.
    @Chris60 Agreed, and yet the market still hasnt even corrected back to pre Covid levels. It is still on a "high".

    Every Xmas in traders circles you hear the beloved "Santa Rally" gleefully mentioned. Well looky what we got here. They'll take an early one Im sure.

    The last major move down was mid August to Mid October. Its retraced back to the 38% Fib, which is a pretty ballsy retrace. I cant see it going much higher, but who knows? Somewhere between the 38% and 23% Fib I'll make a full re entry.

    upload_2022-11-12_13-5-24.png

    On the weekly chart, its still "in shape" for the bear market downtrend.

    upload_2022-11-12_13-12-12.png
    Last edited by Load: 12/11/22
 
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