Will The S&P 500 Make All-Time New Highs In 2019??? - Part 5
investing·@rollandthomas·
0.000 HBDWill The S&P 500 Make All-Time New Highs In 2019??? - Part 5
<center>https://mentormarket.io/wp-content/uploads/2019/03/rally.jpg</center> <br/><p> In Part 4, which was written one week ago, I talked about how price finally closed above the red glass ceiling, but closed the week below the major resistance level.</p> <p> <a href="https://steemit.com/investing/@rollandthomas/willthesampp500makeall-timenewhighsin2019-part4-rg5es529qj">Will The S&P 500 Make All-Time New Highs In 2019??? - Part 4</a></p> <img src="https://mentormarket.io/wp-content/uploads/2019/04/image-114-1024x503.png" alt="" class="wp-image-14585" /> <p>Fast forward one week and price not only took out last weeks high, but is now sitting in the daily demand at 288. This is the level I have been eyeing for the last two months.</p> <img src="https://mentormarket.io/wp-content/uploads/2019/04/image-115-1024x503.png" alt="" class="wp-image-14586" /> <blockquote class="wp-block-quote"><p> April has been the kindest month for stocks over the past 20 years.</p><p> <strong>Since 1999, the S&P 500 has risen 1.7% on average during the month of April</strong>, according to LPL Financial. “U.S. stocks’ strength in April has been especially apparent in the current bull market,” Ryan Detrick, senior market strategist for LPL financial wrote in a Monday research note.</p><p> <br>Detrick pointed out that a strong first quarter has been especially bullish for the month of April, noting that <strong>since 1950, stocks have closed higher in April when January, February and March saw positive gains as well. The average rise in April for those years was 2.6%.</strong> </p> </blockquote> <div class="pull-left"><img src="https://mentormarket.io/wp-content/uploads/2019/04/image-116-1024x558.png" alt="" class="wp-image-14587" /> <p style="text-align:left"><a href="https://www.marketwatch.com/story/for-the-stock-market-april-is-the-strongest-month-2019-04-02">Source</a></p> <p>So based on the two stats above, that would keep price in this bull trap set-up at the 288 level. But I have no idea how the US-China trade discussions are going to turn out. According to Trump, a deal is close to being reached. And according to a China's official news agency, the trade talks achieved new progress and remaining issues will be addressed. </p> <img src="https://mentormarket.io/wp-content/uploads/2019/04/image-117-1024x550.png" alt="" class="wp-image-14588" /> <p>Are new all-time highs in store, stay tuned?</p> <img src="https://mentormarket.io/wp-content/uploads/2019/04/image-118-1024x500.png" alt="" class="wp-image-14589" /> <p><a href="https://steemit.com/investing/@rollandthomas/willthesampp500makeall-timenewhighsin2019-cbjtr1rpr4">Will The S&P 500 Make All-Time New Highs In 2019???</a></p> <p><a href="https://steemit.com/investing/@rollandthomas/willthesampp500makeall-timenewhighsin2019-part2-yb8lpea1o7">Will The S&P 500 Make All-Time New Highs In 2019??? - Part 2</a></p> <p><a href="https://steemit.com/investing/@rollandthomas/willthesampp500makeall-timenewhighsin2019-part3-l6zz70zegv">Will The S&P 500 Make All-Time New Highs In 2019??? - Part 3</a></p> <p><a href="https://steemit.com/investing/@rollandthomas/willthesampp500makeall-timenewhighsin2019-part4-qn2j4bdd48">Will The S&P 500 Make All-Time New Highs In 2019??? - Part 4</a></p> <p> This post is my personal opinion. I’m not a financial advisor, this isn't financial advise. Do your own research before making investment decisions. </p> <center>https://steemitimages.com/DQmRhDtjokAZnGKi4QwheqksKTFo6m4fsjMYsNNrsitC1xk/upvote%20banner3.gif</center> <hr /> <center><em>Published by <a href="https://mentormarket.io/profile/?rollandthomas/">Rolland Thomas</a> </em></p> <center><em> on </em> <center><a href="https://mentormarket.io"><img class="size-full wp-image-2374 aligncenter" src="https://mentormarket.io/mentor/wp-content/uploads/sites/2/2018/11/150-blue-Overlay-6.png" alt="" width="150" height="40" /></a></center><center><em>with <a href="https://wordpress.org/plugins/steempress/">SteemPress</a></em></center><center><em>https://mentormarket.io/strategy/rollandthomas/will-the-sp-500-make-all-time-new-highs-in-2019-part-5/ </em></center> <hr /> <p style="text-align: center;"><a href="https://mentormarket.io/about/terms-of-service/"><img class="alignnone size-full wp-image-2373" src="https://mentormarket.io/mentor/wp-content/uploads/sites/2/2018/11/Disclaimer.png" alt="" width="750" height="125" /></a></p>
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