YaKa

SP500 - Trendless - Play [1880 - 2150] Range until Oct15

FX:SPX500   S&P 500 index of US listed shares
451 2 6

A 6-year bullet train is not derailed in one go.

From a trend up, the market first needs to balance the powers in presence and go through a period of flat trading (with violent moves within) before properly turning and letting the opposite trend settle.

I take the view that is what SP500             is currently doing

Related Ideas

Flubberpants
2 years ago
Calling top? Bold.
Reply
broken87
2 years ago
flubber....he is right so far.
Reply
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