The_Unwind

45 Degree Angle MAJOR SUPPORT STRUCTURE ...VIOLATED !

Short
SP:SPX   S&P 500 Index
S+P 500 has continued it's fall off a cliff Decline
that I have been warning was probable for the last month.

Today the Decline picked up Momentum,
and the Critical 45 Degree Angle of Chart Support on the S+P at 2710
was Violated on the Close !

Pattern Structure SUPPORT at 2710 has been obliterated. It's gone.
There is nothing to support the structure of the chart pattern.

My charts.. have seen this all coming....
The law of physics have now been unleashed on the market

Until the break has reached maximum downside capitulation, price will keep falling and falling.

Extreme Caution Is Advised

THE_UNWIND
10/24/18 515 pm New York

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.