FullTimeTrader
Short

SPX500-the D-day

FX:SPX500   S&P 500 Index
763 3 17
Finally we are at all-time highs, a decisive moment for the market.
According to my long term analysis im bearish at this stage.

D1 signals.-

- bearish divergence on macd
- double top
- rising wegde-ending diagonale
- engulfing bearish candle

If this setup works i expect a big bearish move from here

Best regards
Nice, but shouldn't it read rising wedge?
I'm with you on the bearish conclusion, great analysis as usual.
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FullTimeTrader IvanLabrie
sorry i did a mistake, its a rising wedge...
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IvanLabrie FullTimeTrader
You can edit the post.
Not a big deal, since the charting is spot on ;)
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