Emanance
Short

S&P 500 Push It Real Good!

FX:SPX500   S&P 500 index of US listed shares
The S&P 500             is starting to look pretty dismal on the longterm daily chart , despite the recent relief rally. Following the curves, price is on track to go into panicked free fall sometime in June or July. But as is the chaotic nature of the seneca cliff             , It could fall a lot sooner than that. The exquisite head & shoulders top that forms the multi year crest of this price pattern has a technical target of 1530. But H&S reversals are known to kick off much more aggressive bear or bull markets than their technicals elude to; Especially when they have developed over such a considerable time frame like this one.
What do you think of the evolution of this? Your prediction was a good one, and surprisingly we are still pushing up hard. Do you think a crash is coming soon?
Reply
VERY NICE!
+1 Reply
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