Kumowizard

SP500 - SELL. The top was likely in.

Short
FX:SPX500   S&P 500 Index
1
No comment, charts spk for themselves.

1 Hr counter trend starts.

First swing tgt is 2000-2005.
Real correction follows if 4 Hrs after a possible buy the dip reaction from 2000 (Kumo bottom) forms a lower high later.

Get ready for higher volatility too.

Buy DEC/JAN VIX spread!

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.