Razor1Fish
Short

SPX- Black Swan Forming (Watch out)

SPCFD:SPX   S&P 500 Index
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7
SPX is under pressure, once it breaks key support level , which is very near, its a free fall after.... Watch out from Stock Markets Folks....
Comment: This is call to watch and monitor the stock behavior at the current levels... Further news head lines need to be monitored in conjunction to the stock prices.
Comment: Currently, market makers have an upper hand in creating shakeouts to cover the stop losses... Waiting for impulsive moves to enjoy the show... no trades so far... My previous short on US30 is closed, with a profit of 1,300 pips
Comment: Today Trump announced and told his advisors to derail and withdraw from WTO ... this will make the world markets enter into a quagmire hell...

Comments

SPX briefly entered my Black Swan area, lets see what happens next...
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Awesome post... where do u think current support is? 2720 or higher? Is 2600 a realistic figure it will go to as that seems a fair way down. What do you base it on? Thanks in advance
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I believe, that many of US companies have to wave the White Flag due to Trade Tariffs first, to see the extent of damages due to the Trump Tariff effect, which already created a lot of uncertainties in the future prospects of these companies in overseas operations. Since the US GNP is much larger contributer to the US economy than the GDP, trade tariff will shrink the overall standard of living, as well as corporate earnings...
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Look at that GE sell off, its about $100 Billion of sell off..... that tells you something about state of the Wall Street , can't touch this
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Nice trade plan and almost matches my own.
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Razor1Fish StefanBode
@StefanBode, thanks cheers... great to know it matches with your view... I am watching this very carefully
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