alanmasters
Short

S&P 500 Going Lower (7%+ Drop)

SP:SPX   S&P 500 Index
In October I mentioned that the S&P500 would go down strong... It is happening.

It looks like additional bearish action can be expected. If SPX closes below EMA100 (2603), you can expect a drop all the way down to EMA200 (2388).

You can check the analysis below for additional information:


Thanks a lot for reading.

Namaste. :)
Comment: While conventional markets are going down, the cryptocurrency market (Altcoins) is bottoming out getting ready to move up... Take a quick look below:

NAV Coin (NAVBTC) + 48%


Polymath (POLYBTC) +13%


Expanse (EXPBTC) +10%


Thanks a lot for your support... Truly appreciated.

Namaste.
Comment: Bank Of America (BAC) Stocks are going to crash hard as well... According to the signals coming from the charts.

You can take a look here:
Comment: Google (GOOGL) Is looking bearish as well.

See it here:
Comment: We did close below EMA100, this confirms what we already know. This thing is going to crash even more.

Comment: The drop comes as expected. I wish the cryptocurrency market was as easy to read as this thing.
Comment:
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wow! that is just nuts , thanks for sharing
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the 100 year cycle is upon us. 2019 will get ugly and more
+1 Reply
@mnovo, Thanks for sharing.
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im with you on this one Alan the MA200 has crossed over the MA20 - this is the same crap that has happend to Bitcoin

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@mycotoxin, Thanks a lot for the chart.
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It will be start of Bear market if this happen.
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@nDman_sk, Looks like it already started.
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rkothwala alanmasters
@alanmasters, What will be the impact for crypto market?
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@rkothwala, I am not so sure, but I was thinking that there is the probability that crypto will bottom out when conventional bear market starts.

So they might go inverse to each other since crypto is already all the way down the floor.
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rkothwala alanmasters
@alanmasters, Can you analyze relations of market like Stock, Crypto and Gold in a post? I think weekly or monthly charts will a good comparison for all markets. Then we can identify patterns to enter/exit market based on movements. Just my 2 cents. Thank you so much again for your contribution. Namaste!!
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