Since the vaccine news in November 2020, S&P broke a trend line that was a key resistance since 2013.
What next? I am watching the red zone, marked based on time / market cycle estimates (calculated from previous "crash" period + 35%). This is just a predictive model, a lot depends on any sudden market news / conditions. But if there isn't any major positive news in the market over the November - December period, I'll be watching for some opportunities to add more to the portfolio.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.