SP500 Oversold, Bubble, SHORTHello traders!
This idea is based on my assumptions therefore please do not take this as a trading advise!
RSI- Oversold, divergency signals and...double top??
Also, looking at the economy results, PPI, coming decisions next week with hight probability of the 25 points drop of rates instead of 50 plus huge budget deficit of USA I think there is only one direction- sell
Anyway, let me know what you think?