Direct from the desk of Dane Williams.
This week we saw the final SPX gap get filled, putting all time highs for the index within touching distance.
Yes, in case you were wondering why you're having issues navigating your local city, we're still in the midst of a global pandemic that's put almost every economy into recession.
Take a look at the SPX daily chart below.
SPX Daily:
Look at that for a week's price action - Five bullish candles in a row with almost zero pullback intraday.
So clean, it's almost too good to be true.
I guess now that we know stocks only go up, there's no point fighting the SPX bulls and the buyers can FINALLY get their work done in peace.
All time highs this week, or what?
Best of probabilities to you,
Dane.
FOREX BROKR | Hive Blog
Higher time frame market analysis.
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