Did you know, 2/3 of the gains come from the overnight session. Futures rise overnight, floor specialists mark up there merchandise. Index futures are the magic. The Central Bank is a participant in the futures markets. Its like a free market rise with little to no work. There is ZERO overhead resistance.
Don't ever forget, straight up parabolic moves always end badly. Its not different this time.Slow steady moves with a gradual slope upward last and last. We are in the final stages of this market cycle. Can it keep going up, yes it can, the end moves are always the most dramatic. I suspect after the midterm elections this fall we will see a possible change.
Up $450 now on my new account in open positions! (5000 start balance) Gonna increase my size next week. If I can make like 500-1000 per week, that'd be ideal Really wanna try stock trading too, but I know that's a very different game as you never really know where an individual stock is going, and i'd lkely be spending my SPX profits on losing stock trades lol Need to find a good broker though who let you trade stocks direct without the PDT rule. Only ones i've found so far are COLMEX but no heard great things about them