Get started
brianhimmelstrupnielsen

SPX500 (SPX) - a SHS formation nearly completed - june/july 2015

Short
S&P 500 Index (FX:SPX500)  
brianhimmelstrupnielsen  
FX:SPX500   S&P 500 Index
SPX (S&P 500 Index) S&P 500 (SPX500) SPDR S&P 500 ETF (SPY) bearmarket grexit assetbubble debtbubble
5
0
spx spx500 spy bearmarket grexit assetbubble debtbubble
A SHS formation is nearly completed in the DAILY chart in SP500 (SPX)
Only a few more trading days remains before completed.
Coincides with the ending of june, and a very possible Grexit.
A greek deal could postpone things a bit.
After passing the neckline around 2080, next stop will be 2000 and bearmarket beginning more likely than ever.
All the fundamentals are in place as well....huge debt in both the USA and Europe.
Stocks overbought. Asset bubble / debt bubble about to burst.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.