The SPX 500 gains 27% in 2021 closing at 4773, holding the new long signal on the day charts on 271221.
The resilience of the US markets has once again been demonstrated with investors buying into 7 pullbacks since the pandemic bounce from 30th April 2021.
We expect new highs into 2022 with a multi time frame UPTREND on the day week and monthly charts.
LONG TERM UPTREND since 011220
MEDIUM UPTREND since 010620
SHORT UPTREND since 271221
PIVOT 4623
Long positions above 4623 for new All time highs
Short positions below 4623 for 4388 and 3911
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