S&P 500 IndexShort
The SPX is about to fall out of a wedge
The SPX has built a wedge over the last weeks and is About to drop out of it now. This might be a good short opportunity. Take also into account the extreme high valuations, the ongoing threat of the coronavirus and the likely end of "Non-QE" this spring. Finally, the MACD is about to give a negative signal.
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