sacrelege
Short

SPX500 short

FX:SPX500   S&P 500 Index
51 2 2
Yes, I've shorted in the orange circle and gonna hold dat             for some months. SL at BE
Any hint why? This looks like a higher low under a higher high, inverse h/s ... maybe double top?
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sacrelege rodrickhan42
Because the 7 year cycle is due, it looks like a double top on bigger timeframes, all data is weak since weeks and now the labor market is bad too, which I expected to be a catalyst. but it turns out, it will be dragged around a bit, before we see the big drop.
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