racer8

Stocks Are Looking Good

Long
racer8 Aktualisiert   
OANDA:SPX500USD   S&P 500 Index
Stocks are up. Time to buy. The downtrend is over...the virus has taken its toll, and now prices are rising again. This has got to be one of the biggest crashes I've ever seen. Its bigger than both 2000 & 2008 stock market index crashes in both magnitude and speed.

So why am I certain? Well based on the image, we can see that price has made a new swing high and low. Williams fractals points out where the turning points are occuring. This is a strong chart pattern: The rising W.

In conclusion, the stock market is bullish, we are just beginning a new uptrend. Traders, it's time to buy stock.
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PS: Take a look at my newly published indicator! Riley's CMO!
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and like it!
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