ProfitHarvest

[SPX] Acid Trip Model Nailed It... Strong Resistance!

Short
SPCFD:SPX   S&P 500 Index
Remember that red line is an extrapolation from the primary 38 year market trendline.

OG Idea:
Comment: Couldn't even reach the 5Y trend today...

Comments

VIX has also developed a H&S on the 6 month, daily. Gold and Silver is going through the roof. 10 year yield continues to remain at low levels. So many signs...
+3 Reply
@ProfitHarvest Awesome! Been following your predictions daily with SPX and TVIX(RIP). You are the beacon of my hope (UVXY). Please keep it coming... Thanks.
+1 Reply
ProfitHarvest xeng0yang
@xeng0yang, My beacon of hope for UVXY is this...


Plus the hope that someday the market will actually move to reflect economic fundamentals and risk accurately haha.

What a brutal road, lot of learning, lots of busted calls but I am confident I can still exit all my shorts at a nice profit by end of August and finally get out of the short game for a bit.

RIP TVIX.
Reply
Awesome stuff, @ProfitHarvest!
+1 Reply
farmerisland davidismyname
@davidismyname, Excellent per usual, Sir @ProfitHarvest
+1 Reply
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