KatlehoMaleka

S&P 500. Correction coming soon?

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SPCFD:SPX   S&P 500 Index
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I have had a bearish outlook on the S&P 500 for a while. And now we have two bearish harmonic patterns , complementing each other. We have the bearish butterfly pattern and the bearish crab pattern. We also have the massive bearish divergence on the RSI . It seems this bull market is running out of steam and a correction might be coming soon.

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I was looking at a similar emerging crab.. no telling when, but it is pretty obvious the S&P will be ending it's bull run very soon. Bearish divergence indeed. Similar to BTC
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KatlehoMaleka UnknownUnicorn3442968
@UnknownUnicorn3442968, Yeah man, it's only a matter of time. I just don't know if it will just be a correction, or the start of a bear market, but this bull run is going to take a break. That bearish divergence is very convincing.
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