S&P 500 ( BEST Buying Area ) LONG

Since we are facing a supposed Crisis, we are going to try to analyze which zones can be the best buying zones for the S&P500 and be prepared to be able to buy Shares, participations in the S&P500, etc. when the time comes.

We can see that by technical analysis, we are in an uptrend for years. The Fundamental supports are:

- 3194 : Represents the 61% Fibo of the last impulse from COVID19 + Bottom of the Channel.
- Between 2508 and 2185 : ( Zone ) Institutional Support + 61% Fibo of ALL the impulse since 2009.
- 1863 : Last Zone of Institutional Support.
- In case of a break of 1863 the next zone would be between 800 and 700 ( it would be an extreme Chaos )

All these scenarios are possible, although each point mentioned above is less likely one than the other to happen, but you always have to have a broad view of the market.

- The first buy signal to watch for is the monthly RSI. When it reaches the Low levels and we observe a Reversal in the indicator, it has always been the best buying point.
- The next buy signal to watch for are the above mentioned points. The price must converge at the same time in the zones mentioned above. We do not know exactly what point the price will reach, but we do know where we should look.

Once the two scenarios happen, we can prepare to BUY a good amount of Stocks or the S&P500 itself.

These are scenarios that happen very few times in life, we must take advantage of them. In 50 years as we can see we have had 3 equal opportunities that we can live again, from the first opportunity we had 28 years passed until we could have a new similar purchase signal, then 7 years passed until the next signal, and this time ? we are still waiting, 13 years have passed since the last opportunity, but it seems that we are closer to a new golden opportunity ... . Therefore, it is essential to have sufficient liquidity.

Good luck
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