johnrhoekstra
Short

SP500 TRIPLE TOP, HIDDEN BEARISH DIV LONGER TERM OUTLOOK

FX:SPX500   S&P 500 index of US listed shares
why did we test 2100? your short stops were there and citadel punched them the fuck out. reflexive rebound should be over unless we breakout to the upside for whatever reason. this should mark the beginning of the drawn-out, fundamental sell off.

in summation:
- hidden bearish divergence
- MACD rolling over
- bad economic data rolling out slowly but surely (energy junk bonds defaulting at highest rate on record)
- REMEMBER: the econ data is the strongest at the END of the business cycle

i swing trade levered ETFs on an intermediate time horizon for that daily compounding on the trend. not to say we cant hit 2100 again, but any move above it should be used for de-risking. i'm short when the 12EMA closes under the 36
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