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

BBUS, page-3323

  1. 1,409 Posts.
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    Morning everyone

    Well that was a much needed confirmation that we are on the right path here, if that wasn't a solid signal to say we are at the top then I don't know what is. Price will need to consolidate here and probably test the upper resistance areas to confirm. Technically we are still in an uptrend so keep that in mind, this morning was just an example of how quickly sentiment can change. The market makers are nearly ready to make a further move, they just need to test the waters to make the Bulls and the Bears question whether this will go higher/lower before pulling the rug out.

    I wonder if Jay Powell will do a speach this morning to boost morale
 
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