I was stopped out yesterday at 2165 from 2137 entry.. but I am extremely bearish on this pair now beside new high...
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I am out at 2173 and will enter at better prices.
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I think we not going to get better prices.. it close 4hr under 20 ema and double top on 1hr and now trading below neckline. Dam i am in again from 2164.
I think there a good chance this correct. See my recent post on SPX. Similar idea. Have great week
riskmode
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Are you fucking kidding us? Wtf do you think is going to happen to catalyze this?
newbie2016
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its my own view... and if you say whats going to happen..?? then what happened in 1994 and 2008? what makes you spx500 so bullish? the whole world commodities is on fall? many countries are still not out from 2008 crisis and now we have Brexit.. anyhow, just my view :)
riskmode
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You basically drew 2 arrows pointing down and are calling it a "setup". What you're suggesting would be a major correction and would require a major catalyst. The fact that this is the first chart on the tradingview homepage is disturbing. Goes to show you they need a lot more quality controls on this website.
newbie2016
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tradingview shares ideas.. not force traders to trade other people ideas..!!!!!! JUST TO BE CLEAR..
Other thing.. still spx500 can fall towards 2045 and if you see clearly then we have Double Bottom.. so this time going below 2000 will deffinitely alarm bulls to buy with care.. if it goes towards 2045.. It can bounce again from 2045 towards 2110.. but this will tell time.. and neckline of double bottom is 1947.. and if thats taken out then bulls will be dead.. if you see usdjpy then its not done with downside.. to me it is going for 77 again.. i am keeping long term view.. so i think you should keep your shout little low cuz you are only watching short time charts :)
riskmode
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Bottom line, this belongs on a doomsday blog, not the top chart on the trading view homepage. Ridiculous
riskmode
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At least you have now given a little more detail to justify this chart!
felix997
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for a newbie you seem so sure ???!!!
newbie2016
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sure for what..
felix997
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spx to less than 1900 . personnaly i see a 20% decreas for now . and if i look at the head and shoder on the dax i am freaking out