Bull Market Continues Sucking In Long Positions (FOMO TRAP?) | SP500 Technical Analysis
The Stock Market is in a bull market and it continues to break new all time highs sucking in more and more long positions. Is this the ultimate FOMO Trap?
The SP500 is nearing the top trendline of the technical Megaphone Pattern. will we stop there or can this bull trap continue to suck more and more FOMO buyers into the market.
In today's SP500 technical analysis video we discuss where this market might head with this short squeeze that's taking place.
TIMESTAMPS:
Intro: 00:00
SP500 Daily: 00:32
Who is benefiting from this Stock Market Rally?: 04:15
SP500 Daily Continued: 05:28
VIX Volatility Index: 08:23
SP500 30 Min: 09:43
Trade Plans: 12:04
VIDEO REFERENCED:
https://www.youtube.com/watch?v=xVp77PCc6xM&t=300s
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#StockMarket #SP500 #TechnicalAnalysis
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