We broke through the 5,951 level (100% Fib) with momentum, retested cleanly, and now we’re eyeing 6,800 — the 261.8% extension.
In strong trends, an overbought RSI isn’t a sell signal — it’s a power-up. RSI can stay hot for weeks, even months, while price keeps climbing like it’s training for Everest. 🧗♂️📈
So yeah, RSI is high — but price is higher. My eyes are on 6,800, with stops based on structure, not fear. 😉
Anyone shorting early is just adding fuel to the bull run. 🐂🔥
SPX honestly, this and nasdaq and gold, do you think they will be at least doubled in your life time? if yes, why stressing out looking at it all day? just buy when they touch 200 ema or 50 ema on daily, I doubled down they will bring you some fortune, keep accumulating, and the earlier you realise you can't get rich quick or with no efforts, the better. you are not at City banks or within those bank traders circle. so let go of that ego, and buy, hold, and close tradingview.
SPX I keep waiting for the drop, I’m trying to time my entry. I think it keeps running up until new fiscal, when new budget needs approval will trigger government shut down and a start of bear market. 5700 by end of calendar year. 2026 will be a year of panic and selloffs. Major correction coming to a theater near you.
SPXSPY I'm at a loss for words. Fundamentals since November have been saying over bought, the macro has been undersold and overbought since june. if we're going off of vibes its like watching someone freeclimb the side of a skyscraper. I'm bearish and I'm in all liquidity voids but at this point i have nothing to go off of in terms of where this is going.
honestly i think 0dte are kinda messing up price discovery.
SPX Sumit_TradingAdda 😎 “RSI is overbought…”
