UnknownUnicorn5971148

SPX weekly top formation.

SP:SPX   S&P 500 Index
Houston we have a wall in front of US.

Why?

1) Top building
2) Repo cuts today from FED
3) Sell in May is near
4) Overbought on monthly, weekly, dayl. chart
5) Corona economy impact
6) Volume is down for days, watch VIX
7) $ is gaining up

This could be a good turnaround into long term sells.

Trade active:
Here the summary of the last 11 years, simple
Trade closed manually:
Trade closed: target reached:
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