BradMatheny

US Equities Market Breakdown May Be Happening Now

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
A little over a week ago I warned that the US Equities markets were setting up for a 5~8% pullback and that my custom indicators highlighted the potential that a weakened price rally would end in a potentially violent price decline. The last 4+ trading days have further highlighted my research that the price rally in the US Indicies was very weak and inefficient. Meaning, the market price was advancing on news/speculation that was counter to my other indicators - a false rally.

Now, as price is beginning to roll over, I would expect the violence to begin in earnest. Be prepared.. Don't wait for the move to happen, take precautions now. This is a long holiday weekend and trading could become very volatile early next week.

Remember, follow me if you like my research and visit my web site to learn how I can help you stay ahead of these markets. I don't post often, but when I do post you'll see the value in my analysis. I don't get caught up in the short term trends. My research is defined at identifying price moves 2~12 weeks in advance.

Watch out below. Prices in the US Equities markets are about to test lower support levels.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.