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Ian_Carsen
Dec 9, 2018 4:15 AM

Bear Market? Plan 

S&P 500SP

Description

Either consolidation or have been in bear since Oct 1st 2018. Based on prior action, a bounce will likely retest 100w MA from below. If it is acting as resistance: short for 25%+ expected decline from that point.

For consolidation, need more time to pass = more information. RSI top trendline break may signal resumption, whereas bottom trend line break may signal bear market at a later date.
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