12 Apr 2021, 20:36
We are entering some of the most bullish weeks in the year as April has been famous for been one of the most bullish months. No surprise that the S&P 500 made a new all-time high as it broke the blue resistance line in the chart. It should now reach for the next green channel resistance as the market is increasingly pushed up by the small retail investors. No news yet to send the market down, I reckon the Whales are still waiting patiently in the wings to do so. If the expected correction or crash should happen, by my reckoning, it should be earliest H2 2021 before it arrives.