Since January 2019 we saw an impressive rally for the S&P500.
Investors' optimism remains at high levels but my view remains the same: the uptrend (2009-2018) has ended.
We are gradually entering into Bear market territory and all that we saw during January and February was a reaction.
So what to expect for the index? I am giving my view at my site winstox.webnode.com/
I think that the next big move will be down and you should be prepared for that.
Investors' optimism remains at high levels but my view remains the same: the uptrend (2009-2018) has ended.
We are gradually entering into Bear market territory and all that we saw during January and February was a reaction.
So what to expect for the index? I am giving my view at my site winstox.webnode.com/
I think that the next big move will be down and you should be prepared for that.
Comment:
Today was an interesting day.
I went short and I wait to see what the next week will bring.
I saw vulnerability and at last the VIX surged.
I went short and I wait to see what the next week will bring.
I saw vulnerability and at last the VIX surged.
Above all, Investors and Traders, MUST respect price action.
Although I maintain my Bearish view, on a short term basis the Index can move up to test 2860-2870.