jgeno

$S&P500 - Will just RIP Higher for the next the couple weeks

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TVC:SPX   S&P 500 Index
SPX SPY

There's just almost zero technical resistance right now, just boring fibonacci levels.. Other than some new news event...

I have a hunch, only a hunch, that this market is "baking in" a Trump elected Presidency. Tin Foil hat conspiracy, but I'm starting to think that. Call me crazy, but the 5, 7, and 10 years US trees yield curves have been trickling higher.

I believe that everything is going to crashing down soon, but it keeps creeping & popping, popping & lockin, higher. I think it's Trump affect or something.
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