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#vxx#short

S&P forecast 2016From what i have learned and observed, i see a bear market developing. Global financial infrastructure is based on debts and at unprecedented levels which are unsustainable. A complete reset is needed and will be coming in the future. All economic data in the U.S. is manipulated, true unemplyment sitting at 15/17%. 1% gbp rate. Low interest rates and still low demand for loans, it's clear to me, people have little money and lots of debts...the writing is always on the wall...just need to think and pay attention, draw your own coclusions to get the "truth"...;)
FX:SPX500Short
by cris_72
SHORT TERM OUTLOOK - SUPPORT BROKEN: BULLS BEWARE FOR NOWToday, we saw the break and hold below of an important long term trendline in effect for months leading up to now, as well as several strong points of support. Rationale for short: - Break of lower bear flag channel trendline & hold - Successful retest and rejection of trendline. - Broken support at 206.80s and 206.00s - Huge bull rally immediately and decisively reversed to new lows. - Close below Friday, Tuesday Close prices - Small bear flag printed in closing hours today, visible on chart at close today. I am still short, and I have decided on a few important levels below us. Short 205.71 Target 1: 203.72 Target 2: Lower trendline in current short term descending channel as shown on chart Conditions: Price must always close (15min candles) below long term trendline we broke I expect the price to head a lower for now. The 15th could be a reversal point, historically the 15th is the start of the main "Santa Claus" rally in December.
AMEX:SPYShort
by buff22