Weekend Quickie - Tightening Range in the SPY Chart. Which way?

5 мая 2018 г.

We've been hearing all the reasons the market can't go higher.

Peak earnings, inflation\stagflation fears, rising interest rates, stagnant paychecks that don't provide a living wage, earthquakes, volcanic eruptions, etc.

Is there anything that can bring the markets up to new or previous highs?

Could quick - albeit ultimately futile - efforts such as QE 4, fewer-to-no rate hikes, or other M.M.T. (modern monetary theory) maneuverings send the market up?

Or would the powers-that-be prefer a market crash on Donald Trump's watch?

We're seeing a tightening range in the overall markets with heightened average volume. Is a big event and a big move on the horizon?


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Thanks again!


See it on the site: holsturr.com/category/markets/charts/


** For speculative and research purposes only - good luck! **