Hey guys,

So as I was saying: The world has gone mad!!

This is the US’ top stock market index:

S&P 500 Daily

It’s sitting at highs. Again.

The US are still hiking rates, meaning money to invest in stocks is getting more expensive.

But wait. What’s this? A little sense of sanity in this fucked up system that we call our own?

These are sellers!

S&P 500 Daily

Right at resistance on the daily chart. Right as the market predictably is ready for more hikes.

Sanity prevails.

✌🏻.

Return from The SP500: Sanity Prevails and All is Once Again Right in the World to forexbrokr's Web3 Blog