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Gao_Capital

S&P Warning This is not a drill !

Short
SPDR S&P 500 ETF TRUST (AMEX:SPY)  
Gao_Capital Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns Technical Indicators SPDR S&P 500 ETF (SPY) S&P 500 (SPX500) nasdaq DOW russell2000 VIX CBOE Volatility Index risk Bearish Patterns
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trendanalysis chartpattern indicator spy spx500 nasdaq dow russell2000 vix risk bearish
S&P failed to break above the trendline, RSI & MACD both indicate reversal in play. We are ready for final wave 5 to complete this bearish megaphone pattern.

Please be careful out there.

Comment:
Seeing similar reversal setups in DAX, Nikkei, Euro Stoxx 50, XJO, IBOV, MOEX, KOSPI, HSI.
Comment:
Futures plunging, Trump tested positive for covid-19.
Comment:
S&P unfilled gaps below: 2865, 2538, 2300
Comment:
One of the nuances that has me cautious is the VIX failing to make lows as SPX headed higher....
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