S&P 500 IndexShort
Fractal bearish harmonic patterns in SPX for month-day-hour
In addition to these incredibly clear harmonic reversal patterns shown, the larger one makes up part of a monthly bearish harmonic pattern that looks the same at the top of a large yearly uptrend. This looks like an incredibly strong indicator of a full reversal into a bear market in about 4 months.
There are also fundamentals that happen to confirm this such as prominent financial figures indicating short sentiment and large money managers
I am not shorting this directly, but buying oppositely correlated things, namely cryptocurrencies(BTC,ETH,LTC,some ICOs), and longing some, holding others especially after the last few days of extremely steep SPX dump.
There are also fundamentals that happen to confirm this such as prominent financial figures indicating short sentiment and large money managers
I am not shorting this directly, but buying oppositely correlated things, namely cryptocurrencies(BTC,ETH,LTC,some ICOs), and longing some, holding others especially after the last few days of extremely steep SPX dump.
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