FX:SPX500   S&P 500 index of US listed shares
This is not a pretty sight.
US QE has stopped. US$ will get stronger, US companies will suffer because of it. Even Apple             will surely feel the pinch at some point but maybe not.
Regardless of what I think of the fundamental reasons, the technical chart pattern looks like a bearish reversal and we are due a pull back. If this was on the h1, m15 or m1             i would trade this pattern short, so the fact that it appears on the Monthly must give it added importance.
Good luck and hopefully see you at the 1500-1600 mark in a few months time. Bear markets are quicker affairs than Bull grinds...
SignalTradersUK
2 years ago
I have bought Put Options to trade this
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out