The SPGI continues bounce on the 30 week moving average. Now the S&P 500 is doing well. There are many things covered by the media that are anomalies in life and not true reality for the world in the large scale. With the understanding of the big picture, the world is progressing forward with better policies and a reduction in conflict. Things will never be perfect but at this moment in time markets are rising . A lot of the smaller cap international stocks have pulled back from their initial rise with volume on the breakout the SPGI had in October 2019. The RSI seems to have momentum left in it, would be better if it was centered but it looks positive. This will eventually drop like it always does but right now I believe it will continue to go up along with the S&P 500.
Kommentera:
It happened even quicker :) SPGI might created another long swing.
