mattgetsbarreled

SPX Bear Scenario

SP:SPX   S&P 500 Index
50 SMA on 3 day still hasn't crossed under 200 SMA so still can be bull market. I am just sitting on sidelines watching and waiting.
Comment:
note on weekly chart RSI 14 over last year and a half starting end of 2017... Lower highs on RSI with a higher high in September 2019. I expect market to peak sometime in March and I will be looking for short entry in this time.
Comment:
Gonna hit 2814 i think. Waiting on weekly RSI 14 to make lower high will be good short indicator

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