SPX - The Brexit Beartrap

FX:SPX500   S&P 500 Index
1373 22 36
First rule of the trade club: do not try to short the stock market.
Second rule of the trade club : DO NOT TRY TO SHORT THE STOCK MARKET.

Governments of the world gave us a final signal : they do not want the stock markets to collapse. If it's necessary they will print not billions or trillions , but kilions of money. These freshly printed dollars and euros are coming into the stock markets. So if you don't want to fight with an enemy with unlimited life and support it's better to ride this bull in the shadow of the powers. Will this cause a currency market collapse? Mots probably yes. In 202x. Till that time we don't have to worry just buy the dips.
In the following days or weeks SPX             will break to new highs and will force a terrible short covering rally as every short player will have to realize that the Brexit was just another Bear trap.

WIth or without UK the stock market will rally.
Show must go on.
Thank you Arpi, lesson learned!
Som presvedcený, ze indexu nepomozu miliardy, ani bilióny. Sp500 pojde dlhodobo dole pod hranicu 1600!
Nemyslim si , ze uvidim ...
+1 Reply
preco si tym presvedceny ?
chartwatchers andrej123456
Rozisli sme , alebo nie? Tak to bolo v poriadku ...
+1 Reply
andrej123456 chartwatchers
Hello Arpi. It was question for jarojr. I was asking HIM WHY IS he so sure that SP500 will fall back to 1600... Your Slovak lang is quite good. But I want to ask you if you think that we will see some pullback next week on SP500 ? Thank you.
chartwatchers andrej123456
Ah. Ok. I thought you were asking me. Didn't check the name....
+1 Reply
andrej123456 chartwatchers
Ok, but I was aking you right now if you think there will be some pullback next week ? Thanks :)
andrej123456 andrej123456
? Thank you.
quite a few big boys have blown their accounts the last few days shorting.... whether it be SM or PM, shorting = death
+1 Reply
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