cguthrie922
Short

S&P 500 Head & Shoulders...Oh No...or Oh YES!!

SP:SPX   S&P 500 Index
I have been in the bear camp due to the Fed's further inaction. Even though I am not a fan of Mr. Trump, he is 100% correct we are facing a bubble. The longer the Fed waits to act, the larger the bubble grows and the harder the markets fall in their split-second psychological reaction. The Head and Shoulders pattern could be the beginning.

Still would not be surprised if a September hike happened. If it is not now, it has to be December. The question remains, how much damage will occur if we wait until December.

This 58 day tight trading range is certainly not good, and its a clear sign investors are afraid to go long for much longer. If enough people prepare, they can be ready to profit from the next crash instead of becoming one of its many victims.
Expand Your Knowledge
-Limitless Life Skills (limitlesslifeskills.com)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out