SamSydney

SP500 is in dangerous territory

FX:SPX500   S&P 500 index of US listed shares
The chart explain it self. I am a chart expert.
I will sell always around 2000 and buy around 1900. We have to see that the uptrend since 2011 to be break to be really bearish. Right now we have a sell signal but it can be a correction on the market. So we have to pay a lot of attention everyday.
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Would you discuss what levels to enter shorts and what levels to consider covering shorts? I'd love to ready what your thoughts are on this chart formation and what it means for the future. Thanks!
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I will sell always around 2000 and buy around 1900. You can do so much strategy, the market is sideways. We have to see that the uptrend since 2011 to be break to be really bearish. Right now we have a sell signal but it can be a correction on the market. So we have to pay a lot of attention everyday.
Reply
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