S&P500 Bullish!

in #snp5007 years ago

 

S&P 500, despite how the media has been painting it, is still slated fo more upside. 2500 is not a crazy target with the way the index has been accumulated on all the dips so far. I am a believer of how the economic fundamentals don't match up with the stock market, but before that crash comes, a bubble needs to happen first. 

The 2400 resistance will be tested again very soon and broken. After that it will be hitting all time highs day after day to the disbelief of everyone. For now, i agree with staggered diversification into crypto and metals, so that there is some insurance against the debt ridden derivatives market that will implode in time to come. 

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