RSI shows it's topping out just on the brink of overbought, MACD is about to cross down on the 1 year chart, bull volume is decreasing, death cross occurred mid-January... expecting a retrace back down to 2,600 levels. It's time, technicals are pointing to it, fundamental US economy is a bigger house of cards than 2007. Unless Trump does something magical in Asia this week I expect a downturn.
Comment:
This is just the beginning... hopefully everyone locked in some PUTS and made some serious cash this morning!