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Resistance forming in S&P500, maybe we saw the All Time High?
S&P 500 E-mini Futures
Short
Resistance forming in S&P500, maybe we saw the All Time High?
By traderbonk
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Updated
Jan 7, 2021
5
6
6
Dec 20, 2020
When we multiply the
ES1!
with the dollar index
DXY
we can see some interesting resistance forming.
This also tells us how much money was printed and that a lot of the price gains must be considered as actually dollar weakness!
If we can not break this in the near future I will be all bearish for the S&P500.....
Jan 7, 2021
Note
Looks like we are still on track here. Next days could be interesting
Jan 13, 2021
Note
We ripped through.
Could be a last pre-crash blowoff or the beginning of a hefty upsurge.....
Would buy retests...
Beyond Technical Analysis
Chart Patterns
dollarindex
DXY
dxyindex
S&P 500 E-Mini Futures
SPX (S&P 500 Index)
S&P 500 (SPX500)
SPDR S&P 500 ETF (SPY)
spyshort
traderbonk
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