Trading2ez

SPX500 could DROP!

Short
OANDA:SPX500USD   S&P 500 Index
Hey tradomaniacs,

if you have traded my previous SPX-LONGTRADE you should consider to take profits.


The market is testing a round number of 3.800 right at ten upper Trendline.
The FOREX-MARKET is currently pricing in a risk-off-scenario with a rising DXY ( US-DOLLAR ) and falling AUD and NZD.

We see a divergence in stocks and Forex which is never a good sign.

KEEP IN MIND that we will get to see the Non-Farm-Payrolls tomorrow.

LEAVE A LIKE AND A COMMENT - I appreciate every support! =)


Peace and good trades
Irasor

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Comments

LOL biggest single warning indicator: Technical Rating meter on the tv splash page for SPX says "Strong Buy"!
IME ithis meter has always been pegged just before the break. probly next week IMO
+1 Reply
Thank you. Always appreciate the insight.
+1 Reply
Great idea! But to be honest I’m even more impressed with the chart; gives out some sci-fi movie vibes 👍🏼
+1 Reply
I think its sitll bullish
Reply
Trading2ez Dave-FX-Hunter
@Dave-FX-Hunter, it is - I just say its good to take profits now from my previous long =)
Reply
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