Sp1
Time to Short, US Markets SPX! Don't miss this Trade!Were under heavy resistance and forming a bear flag. I can see this dropping out sometime from tomorrow through Monday. Big whales making puts worthless last few weeks to accumulate. This is a swing trade so higher stops. Looking to take profits along the way at fib levels defined.
Previous post below on account I no longer use.
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Bulls and Bears Zone for 02-21-2019Overnight session market came within couple of points to testing 2800. However, it sold off aggressively. If market does rally to test 2800, then it will be the fourth time to do so in last five months. It is important to note that this rally has been mostly with less than average volume. Which makes this rally a suspect and how much higher can it go.
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.
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Namaste.