-MACD suggests that momentum is decreasing. -Minus DI over Positive DI with ADX not increasing -> suggests that the market has the potential to go down from here on, but still, not much momentum. -Oscillators are overbought but decreasing. :: We are likely to see SPX retest resistance. Market is overbought and longing here remains very risky. There is not...
POTUS is making promises causing the market to be too optimistic. Longing here would be (IMO) very risky. I heavily expect a big drop and therefore I´ll wait for a better price to buy.
We very likely hit peak at 754. From here on we either go sideways or down to 660 lvl to test next resistance. If you agree I'd appreciate a like and/or follow.