fximperija
Short

SPX Bear Trend intact

FX:SPX500   S&P 500 index of US listed shares
Ever since we got the bearish cross on SPX             in August 2015, PA did make a new ATH             but hasn't made a bullish cross! This overthrow is even more bearish imo.
The roadmap obviously shows a correction is underway for at least 50% drop if not more, but let's be conservative and estimate a drop to 2007 peak at 1576, that makes 28.17%.
We'll see what happens there. Cheers
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