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Yuriy_Bishko
Oct 10, 2018 8:35 PM

S&P 500 does market crash come to us?  Short

US SP 500 CFDFOREX.com

Description

Market crash is coming. Price dropped 4% down. It looks like big players closed their position.

Technically price will move down. I will wait for pullback to 2857, because it's key mirror level. Near that level i can open an entry with low predictable risk and potential profit in 5 – 7 times bigger.

Also, take a look on Google, Apple, Facebook shares, all of them started down trend.

Such down move like today can be a start of new economic crisis.

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Comments
ReallyMe
Here's what I think: At the moment it is still difficult to say if it is the beginning of a new mega crash that will last for several months or just an overdue correction like the one in February 2018. I kindof hoping the second although it would surely be smart to be prepared for the first.
relaw
yes it's fu.... game over :) BTC WILL BE THE ONE :)
Yuriy_Bishko
@relawiszcze, Did you see what happen with BTC?
Yuriy_Bishko
Write a comment what you think about SP500
zerotozeros12
@YuriyBishko, I believe this is just a correction like in February. We should have one last push to make new highs. 3030 first target. 3300 second target (less likely)
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