DataPatron
Short

It's not about "if" it's about "when"?

FOREXCOM:SPXUSD   US SP 500 CFD
Hi guys. As you can see extreme greedy Wall Street doesn't give up so easily. As always...
We are very close to retest january 2018 highs or create double top by november all time high . No one really knows if this crazy market will continue up but I am sure we are already in a bear market and just consolidating before market collapse. Price is being squeezed inside "wedge" like pattern and should be reversed in 1 - 2 weeks. If we see breakdown of the 2800 support, I expect huge seloff very like at the end of 2018 but with new lows.

Take care!

-dp-
its not a bear market if we are making higher highs..ofcourse markets do not go in one direction, but i am not expecting any MAJOR crash until after 2020 reelection.
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DataPatron judejames
@judejames, who knows. but market did not make higher highs yet. and it's moving sideways for 15 months. IMO this is REALLY matured for downturn or at least more sideways action. divergent highs like now are not sign of the strength at all!
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