S&P500 reborn.

Hey Guys.

Here we have the SPX with a clear symmetrical triangle that has formed since our last trade

where we entered short.

From a fundamental point of view, even with rising rates and treasury yields its hard to match the returns the SPX500USD has been posting over the years unless you take a run at BTCUSD.

Even with rising rates the tax cut should help scrub some of that under the rug and sharpen the bull up. Well, at least temporarily that is.