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RE: S&P is nail biting... at least to me
I think the resistance level at around 2810-2820 was to obvious for many traders to take profits and really appealing for Shorts to open up a new position. But after a V-Shape recovery over the last weeks the bulls are still in control and will be so, until they run into a Bull trap.
I could imagine a run up over the resistance level with further way up to go around 2850-2880 and when that "Buy Signal" hits, and shorties like you turn bullish, than I would go short if we see a reversal candle forming in this area.
I don't expect to see new all time highs this year but markets will prove me otherwise.
Good Luck with your trades.
Interesting. It is true i will turn bullish and start buying. Really will be all in when we go above ath.