AlanSantana

The SPX Crash Mapped (You agree?)

Short
CME_MINI:ES1!   S&P 500 E-mini Futures
No analysis... You've been warned.

Unless you see news of more trillions being printed, expect the SPX index to crash strong in the coming weeks/months.

Likely course of action

1. Test of ~3950
2. Small bounce and then test of ~3600
3. Strong drop, long lower wick to test low ~3ks.
4. Slow drawn out recovery...

What's your take?

Namaste.

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