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sacrelege
Jun 3, 2016 1:40 PM

SPX500 short Short

S&P 500 index of US listed sharesFXCM

Description

Yes, I've shorted in the orange circle and gonna hold dat for some months. SL at BE
Comments
rodrickhan42
Any hint why? This looks like a higher low under a higher high, inverse h/s ... maybe double top?
sacrelege
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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