.SPX: The Rebound of Bearish Sentiment
Hello everyone! Today i want to share some trading ideas with you!
1
$Alphabet(GOOG)$ lifted SPX over 7200--for the first time.
Quite a milestone.
Even with huge drags from $Microsoft(MSFT)$ & $NVIDIA(NVDA)$ --their dark red color would normally sink the market; however, $Alphabet(GOOG)$ went "ALL-IN".
The disparity would matter later, not now.
2
The rebound of Bearish sentiment is quite puzzling and should be a warning sign to BEARS.
With ATH over 7200 today, this stubborness of bear camp WILL ONLY PROLONG the process of market climbing higher, until pushing this number below 30%. It needs a few weeks, at least. 😭 $S&P 500(.SPX)$
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