I am looking again at the S&P 500 Index (SPCFD | SPX) and today's candle is pretty clear and strong... The drop is now on.
I won't go into details since you already read my articles, but this thing has been overbought for years and the bearish divergence has been going on forever... The government is buying and buying which invalidates our TA, but, it won't be invalidated for much longer.
If prices resume the uptrend after the drop, do not expect this to continue after the election of the USA.
There will be big red here for a long period of time... Not now, but its coming.
Namaste.
I won't go into details since you already read my articles, but this thing has been overbought for years and the bearish divergence has been going on forever... The government is buying and buying which invalidates our TA, but, it won't be invalidated for much longer.
If prices resume the uptrend after the drop, do not expect this to continue after the election of the USA.
There will be big red here for a long period of time... Not now, but its coming.
Namaste.
Note
New update, weekly timeframe:
Note
It became true in the end... A major crash was approaching the S&P 500.We warned for looooong.
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🚨 The difference between weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd 👉 t.me/lamatrades/4
💥💥💥80% OFF Discount offer now!
t.me/masteranandatrades/6159
🏆 TOP Results
t.me/anandatrades/1183
💥💥💥80% OFF Discount offer now!
t.me/masteranandatrades/6159
🏆 TOP Results
t.me/anandatrades/1183
Related publications
Disclaimer
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.