FX:SPX500 S&P 500 index of US listed shares
a typical trend consist of 3-5 crosses. The final one is in full view and has already made a double top. The end zone has been clearly defined. We have already passed 16 candles since crossed down; there is another 10 more bars for it to cross up again. Long story short, the next time you see cross on the monthly chart, it most probably will be a touch and go kind of thing. It is currently July 2016 so Summer of 2017 will not bring anything good. My take is that the market WILL NOT COLLAPSE till the SAUDI had their IPO . GOD bless those sovereign funds that buy into this nonsense.