The Stock Market is in a bull market and it continues to break new all time highs sucking in more and more long positions. Is this the ultimate FOMO Trap? The SP500 is nearing the top trendline of the technical Megaphone Pattern. will we stop there or can this bull trap continue to suck more and more FOMO buyers into the market. In today's SP500 technical analysis video we discuss where this market might head with this short squeeze that's taking place. TIMESTAMPS: Intro: 00:00 SP500 Daily: 00:32 Who is benefiting from this Stock Market Rally?: 04:15 SP500 Daily Continued: 05:28 VIX Volatility Index: 08:23 SP500 30 Min: 09:43 Trade Plans: 12:04 VIDEO REFERENCED: https://www.youtube.com/watch?v=xVp77PCc6xM&t=300s STOCK TRADING PLATFORM I USE ○ Webull (GET 2 FREE STOCKS): https://bit.ly/3i5U591 MY FAVORITES - https://amz.run/3JLv ○ Book Recommendations ○ My Studio Setup ○ Morning Coffee COME SAY HI: Instagram: https://www.instagram.com/figuringoutmoney Twitter: https://twitter.com/mikepsilva Make sure to SUBSCRIBE to my channel! DISCLAIMER: I am not a professional investment advisor, nor do I claim to be. All my videos are for entertainment and educational purposes only. This is not trading advice. I am wrong all the time. Everything you watch on my channel is my opinion. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel :) #StockMarket #SP500 #TechnicalAnalysis