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

We hit 2850 in a nice and strong way, didn't think it would be...

  1. 1,409 Posts.
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    We hit 2850 in a nice and strong way, didn't think it would be so quick however for there is something to watch for coming up on the chart at the moment, the price is testing the previous trendline that started all the way back in Jan 2020 (seems like that was another world haha)

    This is going to be my trigger for going in gun-ho, if the price can break through this trendline and hold I am jumping in with both feet with a stop loss slightly above this trendline. Apologies for the messy chart (=

    https://hotcopper.com.au/data/attachments/2132/2132773-65adbdf2306b55e553fbd67df78c1a93.jpg


    It's good to see common sense is prevailing as for a while there I was really questioning my research and whether we will see a rapid recovery, even though none of the economic factors suggested anything close to it.
 
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