SPX, ES1, SPX 500 – Two Triple Tops Confirm Top = Short
Two Triple Tops … Divergence on the Oscillator …Rising Bearish Wedge
SPX Four-hour 4HR chart is - 3 RED DOJI CANDLES in a row - gravestone - hanging man - gravestone Hopefully prophetic -
Not exactly a bullish set-up - may gap down - Yesterday she was tired....
UNEMPLOYMENT RISING 8 WEEKS IN ROW
WALMART WARNS OF BAD E.P.S
NEXT WEEK CPI OVER 8.5%
Home prices are collapsing at the fastest pace since 2008
Housing inventories are rising at the fastest pace in history
Over-priced autos
Durable goods slowdown,
Consumer debt skyrocketing,
Semiconductor glut
Europe Recession
Political Tensions
BTFD
SPX Four-hour 4HR chart is - 3 RED DOJI CANDLES in a row - gravestone - hanging man - gravestone Hopefully prophetic -
Not exactly a bullish set-up - may gap down - Yesterday she was tired....
UNEMPLOYMENT RISING 8 WEEKS IN ROW
WALMART WARNS OF BAD E.P.S
NEXT WEEK CPI OVER 8.5%
Home prices are collapsing at the fastest pace since 2008
Housing inventories are rising at the fastest pace in history
Over-priced autos
Durable goods slowdown,
Consumer debt skyrocketing,
Semiconductor glut
Europe Recession
Political Tensions
BTFD
Comment:
Short still -- New Level -- Staying short Structure intact --4140 new resistance
Trade active:
LOOK LIKE A NEW RIGHT SHOLDER --THREE MORE TOPS