S&P 500 as per discussion
This is my follow up.
We have our up trendline last week, 2 support / support zone. We discuss that only if the support and trendline is broken, than we might think snp will drop.
There are some who fear Feb rate increase. Some who think about election.
Market discounts everthing. That is to say, all information past , current and future is discounted into market and reflected in the price and indexes.
There are exclusion, like earthquake , which is unknown or unexpected.
In our case, as long as the up trendline hold, we are not bother about the feb.
If the trend do not continue, we are not going to care about the election.
For more info, you might like to check out Dow's Theory - Price discount everthing.
On conclusion , look at the cloud today, the price is touching the cloud resistant. This is an avg of previous high. Any thoughts in your mind ?
We have our up trendline last week, 2 support / support zone. We discuss that only if the support and trendline is broken, than we might think snp will drop.
There are some who fear Feb rate increase. Some who think about election.
Market discounts everthing. That is to say, all information past , current and future is discounted into market and reflected in the price and indexes.
There are exclusion, like earthquake , which is unknown or unexpected.
In our case, as long as the up trendline hold, we are not bother about the feb.
If the trend do not continue, we are not going to care about the election.
For more info, you might like to check out Dow's Theory - Price discount everthing.
On conclusion , look at the cloud today, the price is touching the cloud resistant. This is an avg of previous high. Any thoughts in your mind ?
