Lavis Chong
Short

Major correction might be coming

INDEX:SPX   S&P 500 Index
72 0 1
Supporting reasons:
1) First cross-below between EMA20 & EMA50 since Nov 2012
2) one-year-long uptrend line has just been broken few days ago and fail to recover back to above the trend line after a few tries
3) War with syria is closer (latest news on bloomberg)
4) Economic downturn may be near based on past cycles
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