SP500 IS NOT BACKING DOWN (Yet) | S&P 500 Technical Analysis

In today's S&P 500 (SP500) Technical Analysis forecast I discuss the bullish price action and explain why I believe the SP500 is not ready to back down. Yesterday I discussed the divergence on the daily timeframe with the MACD and also explained the bullish ideals as well.

The stock market still remains to be in bullish context overall especially after todays candle engulfed all of yesterdays. I am still treating this as a buy the dip sell the rip type of stock market till further notice.

Nothing is certain in the markets, especially when trading the SP500 and individual stocks within it. To be a successful stock market trader you need to look at multiple different angles to draw a conclusion and ultimately create a trade plan.

TIMESTAMPS:
Intro: 00:00
SP500 Daily: 00:16
10YR Bond: 02:59
SP500 30 Min: 04:20

10YR Bond & Stock Market Video:
https://youtu.be/kPr1SLx1lfY

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