ChildishMan

The only line that matters!

OANDA:SPX500USD   S&P 500-index
The bull market that we have noticed after the GFC of '08 started because of the low-interest rates enviroment. This is the main driving force for the S&P500 and the whole US stock market. It even has a pysical form, presented on this chart: the black line!
It is the great hand that keeps everything floating at overwhelmeding valuations and it looks like it is still has some muscles.
So please ignore all the nonsense that can get you distracted and take a look at the big picture!
We are still above support and I think we will touch it very soon just to blast off again and go to the 4400's and maybe even higher.
So take a step back, wait for opportunities and enjoy.

Life is beautiful.
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