peterdcharlebois

The S&P 500 Bearish line is 2583 - Lookout below that number

Short
FX:SPX500   S&P 500 Index
The Index does not look like it's recovering. A drop below 2583 and things could accelerate downward like crazy.
Comment:
could be messy. Indeed the break has happened as anticipated. Keep looking downward for all equities now for a while I think. Of course there will be bounces along the way but I think they will be limited. 2019 could be messy.
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