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S&P500 broke for the second time the 200 EMA

Short
S&P 500 E-mini Futures (CME_MINI_DL:ES1!)  
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CME_MINI_DL:ES1!   S&P 500 E-mini Futures
Trend Analysis Chart Patterns Technical Indicators SPX (S&P 500 Index) S&P 500 (SPX500) us500 S&P 500 E-Mini Futures wallstreet nasdaq SPDR S&P 500 ETF (SPY) QQQ NASDAQ 100 CFD
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trendanalysis chartpattern indicator spx spx500 us500 es1! wallstreet nasdaq spy qqq ndx
S&P500 broke for the second time the 200 EMA

This time it seem serious with a VIX index above 20 and moving higher, and the S&P500 index on the right top of a huge double top.

High yield bonds, war risks and recession risk add fuel to this move.

Target for the double top is the area 2630-2525 in the long term.

Bullish scenario only above 4600. Worth to be 100% cash and 0% stocks right now and stay at the windows.

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