Jimi95

SNP500 MONTHLY

Short
FX:SPX500   S&P 500 Index
1
World Economy looking to be in peril, the US Markets in my opinion are overvalued.
The rapid growth of the SnP500 is one to be worried about, what goes up must come down, especially a growth as rapid as this with.
Bearish Engulfing Candle on the monthly suggests a strong change in trend, as the turn of the new year approaches and Oil prices plummeting, its only a matter of time before the fundamentals put into place what that technicals show us.
Safe havens looking to be very juicy right now. Oil drop and will find a bottom, gold reserves will increase. Prepare people

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