Already holding a short position from 2820. Waiting further confirmation to increase position size IF breakdown of long term trend line (Red line). This entirely depends on the decisions made by the Federal Reserve and how they plan to handle this. S&P can comfortably continue upwards forever until currency implosion and hyper inflation (if they want it to go that way).
This may well be THE opportunity of a life time if it plays out as it needs to.
Comment
⋅
Just hold the short. EZ
Perma-bulls get destroyed, fakestream media always tries to make the fools hold their positions ("its just a minor correction" they say) and tries to deter from the facts. The banking conglomerate needs liquidity and foolish buyers - so that they can exit their positions safely with maximum returns.
Don't be a sheep. The charts reveal everything, they always do.
Its game over folks.
Nice knowing you all. Hope to see some of you on the other side (those that make it).
Good luck.