FX:SPX500   S&P 500 index of US listed shares
This is a game changer people, look at the pink PRZ the price action moved very strongly in that area, denoting a further move downward. This is a no brainer, Where would it stop, look left. Now technically we should have taken some profits from this since my last post, and now we got a opportunity to short this, but know your limits and TP. Technically i would still be scalping long in this trade until it reach the D leg of the extended crab , or unto the blue line above. Though now as posted last time, fundamentally what i understood from Don Hogan, i think this is weakening and another info from nayr avellsomething, most of the big players such as the likes of warren buffet is already short on this, i think they had entered too early for the short on this one, but they can take the beating as for me i would short this for a long term post only until it reach the 2100. level as for now ill be scalping this until that level
going to touch bollinger band on weekly at 1910 ish.. then you may be right on the bounce... tops go in waves... going long now will bring pain as you wait and hope wooosh
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