Dude1913

Are we going to test 200MA

Dude1913 Updated   
FX:SPX500   S&P 500 Index
Are we going to test 200MA on the monthly somewhere in the next 12 months?


I say yes!
Comment:
I think we are in the final stage of this fabulous bull market. I heard many talking about a blow-off top earlier this week. Well, I think the markets are indeed forming such a top right now. But what I would like to see the comming weeks or months is a even more dramatic rise. It may sound ridiculous at this moment but I think we may see a 5-10% rise pretty fast.

If that is going to happen I am 90% sure this Bull Market is at it's end.

Anyway, I have 32 positions open at the moment, I will close all those positions the comming weeks. As I said it is/was an amazing run, but have a very strong feeling it is comming to an end soon.
Comment:
Closing long positions....still open 8 positions now.....will close this too coming day's/weeks
Comment:
Think we are going to get one more leg up, we are getting close to a (the) top IMO
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.