S&P 500 Index Will Crash... Again! (Bearish Divergence)Back in October 2018 I shared a chart for SPX mentioning that it would crash, the signals were pretty straight forward and I was surprised to see how easy it is to predict movements of these conventional assets.
The crash followed as predicted. You can see it here:
Now, I am seeing the same signals that alerted me of the previews crash; here they are:
Bearish divergence on both the RSI and MACD.
Not enough volume.
You can expect the S&P 500 Index to crash once more.
This is just a friendly reminder. We focus and trade mostly cryptocurrency, but many of our followers might get trapped by the hype that is shared daily on the news.
So get ready, as this will fall. SELL.
Hit LIKE to show your support.
Namaste.
Sp1
The bounce for the next waterfall? Obviously, the market is trying to bounce back after a deep sell. We don't know how long it will last, and we don't know how high it will reach.
But we are pretty sure that there are numerous resistances are waiting for the market.
I would like to short this market when there are exhausted candle sticks at the top of the bounce.
Remember to set the stop loss to avoid bull's trap.
Consolidation beginsMild reaction to USD index dip on 4th, uptrend perfectly lined up with wechat posts.
Take your long profit
Maybe surf VIX?? ;' )
Eyes on 2.4k if no stimulusWhat Happened since 10/10
30% channel bounce rejection, 5 T period
entered 2.6k on the first day of prediction window
1 year significant down break
Ask/Bid 2.33/1
What's next
amplifying solid red bars x 3+
short upon bounce