BlackisKing

Christmas Rally still ahead

Long
AMEX:SPY   SPDR S&P 500 ETF TRUST
This is not an investment advice. Please do your DD.

The market has been selling off lately due to the new variant but I think it was expected.

From my last ideal where I mentioned we were in a bullish megaphone pattern (See below) played out exactly.

Now I think we are doing exactly what we did last November but a little late.

I still expect a rally starting a week before Christmas.

I think we (could) be in the final phase of the long term market cycle but I will update again in January.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.