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ProfitHarvest
Jul 29, 2020 8:32 PM

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

S&P 500SP

Description

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
stealthy1234
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...
xeng0yang
@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.
ProfitHarvest
@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.
davidismyname
Awesome stuff, @ProfitHarvest!
farmerisland
@davidismyname, Excellent per usual, Sir @ProfitHarvest
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