SPX is strong. Can we see ATH before the rate hikes?

10 ก.พ. 2022

Hi everyone,

Weekly SPX update here.

Strong grind higher continues.
Today we gapped down at the open on CPI news before market open.
However, the gap was filled in the first hour and a half of trading.
Strong rebound after bad news tells me that investors are optimistic about the equity market future.

My levels are working great.

Below:
4529
4496

Above:
4613
4672

Now:
4583

Let me know what are your thoughts on the near future of the market.

As always, trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.