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jakelikesstocks

Can the Market Sell Off? These Indicators Say Maybe...

S&P 500 E-mini Futures (CME_MINI:ES1!)  
jakelikesstocks  
CME_MINI:ES1!   S&P 500 E-mini Futures
Trend Analysis Technical Indicators Beyond Technical Analysis marketalpha Stocks SPDR S&P 500 ETF (SPY) QQQ futures LONG short calls puts
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trendanalysis indicator beyondta marketalpha stocks spy qqq futures long short calls puts
SPY , ES1!

I was surprised to see in the indicators lining up in this way. If you look at the previous times I've marked on the chart, we saw some pain following a 0 cross of the top indicator in addition to the action in the lower indicator.

I think people may feel caught off guard leading to some volatility but if this is the case, I would be surprised to see a dip lower than what we just experienced. Although that is very possible at these levels.
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