jeanne_labelle

DEAD CAN DANCE FOR THE CAT ?...

SP:SPX   S&P 500 Index
Hello traders,

Last week, a sort of flash crash has killed the up trend of the SP500             , Nasdaq…
Ok
Many reasons… rates of course… debts… of course…
In fact… economy is not strong as we can believe.
I m not Nostradamus, thus I can not predict the next crash of the economy.
But I wonder if we are not at the beginning of a big big crash.

If we look the sp500             chart, we can notice two big supports (in RED).
If price break these supports, I think that it was the beginning of the end ! This scenario can happen after a “DEAD CAT BOUNCE” pattern for instance (poor cat snif !).

Obviously, price can resume the UP trend.

In the next days, I think that price can range between the two blue lines in the graph before going Up or Down, or as I said adopt a “DEAD CAT BOUNCE” pattern before going down.

Wait and see...

Bye Jeanne
WE are very close to facing crash.
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
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