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SPX D1: TP +650 points BEST Level TO SHORT IT(SWING/NEW)

Short
SP:SPX   S&P 500 Index
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SPX D1: TP +650 points BEST Level TO SHORT IT(SWING/NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: US/Global stock markets are maxed out
::: US economy managed by team of degens
::: FED still raising rates incredible pace
::: global stock market entering recession
::: expect pullback/correction mode SOON
::: sliding S/R resistance at 3250 points
::: maxed out / overbought conditions
::: BEARS will take over from overhead
::: sequence of lower highs / lows lows
::: SHORT IT near MARKET target is 3250
::: Conservative TP BEARS is 3 250 points
::: unsustainable gains, pullback incoming
::: three drives BEARS setup / DUMP incoming
::: spells MAJOR trouble for the BULLS
::: BEARS taking over from overhead NOW
::: expecting CORRECTION to last next 3-6 weeks
::: distribution at the top in progress
::: will lose up to 15% during pullback/correction
::: There is no upside in this market now
::: Get out / trim exposure / or SHORT IT
::: RISK/REWARD shifting in BEARS favor
::: into BEAR mode soon
::: either way setting up for 15%+ correction
::: 4-6 weeks of correction incoming soon
::: better be prepared in advance
::: when there's GREED there's also PAIN
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment: BEARS/15% correction
::: Sentiment outlook short-term: BEARISH /CORRECTION

RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Comment:
solid dump in progress so far

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