S&P 500 Index
Short

SPX

1. Rising wedge on SPX.

2. Trap door got shut badly on bulls on NY open expecting ATH.

3. This was a nasty bull trap for bulls who were expecting a blow off top.

4. I am calling the top for US Stocks here.

5.Expect a bottom at 3300-3400 in 18 months time.

Disclaimer