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.
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The S&P500 moves on. 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.
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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.