Hello traders,
SPY, the S&P500 ETF has started another leg up, in previous legs it had a run for 6 weeks until a major correction.
If this patter will continue this time, the market will continue to run for another 4 weeks until the middle of March 2020.
After forming a classic uptrend consisting of higher highs and higher lows , the uptrend is CONFIRMED and our long equities portfolio is now long the S&P500.
Trade Smartly,
Alon
