AlanSantana

SPX Bear Run

Short
SP:SPX   S&P 500 Index
You already know my view on this one.

We lost EMA50 as support and the Feds are doing the "tapering" and are supposed to raise rates which will crash the market for sure.

If they don't raise the rates, it might not happen.

But the signals are telling us that it can surely continue to drop.

The bear volume is growing, the highest in years.

We will wait and see how it goes.

Namaste.

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