S+P 500 "Accident Waiting To Happen" ! Dec.10, 2023
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S+P 500 Weekly Chart is an accident waiting to happen !
As price continues to rally back towards all time highs, market momentum continues to deteriorate below the surface.
The KST Indicator has just bearishly crossed over again confirming a "top below a top" breakdown in this intermediate term indicator. (Shown Here)
Rarely does one get this type of clear advance warning ! I mean are you looking at this chart..?
Traders should look to immediately establish significant short positions on the S+P 500 and incrementally increase size of position if the market advance continues this month.
A black swan event, could trigger a US stock market crash in early 2024 Do not make the mistake of ignoring this market warning It's coming... Do I need to say it again ?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.