There is a strong bearish bias in this chart.
Everything points down and we had a very strong negative candle 27-July when the latest peak was hit.
The weekly also looks pretty ugly.
Here is the chart:
We have a rising wedge and last session being fully red.
MA200 moving up means that the SPX will be moving down.
Conclusion
It should be a strong, fast crash.
Maybe it will last for months, 2-3 months?
Your guess is as good as mine.
Remember to boost and like.
Thanks a lot for your support.
Namaste.
- The MACD is showing a strong downward bent with a negative histogram.
- The RSI is performing what tourists call "scuba-diving", it is crashing down, below 50 with bearish momentum growing.
Everything points down and we had a very strong negative candle 27-July when the latest peak was hit.
The weekly also looks pretty ugly.
Here is the chart:
We have a rising wedge and last session being fully red.
MA200 moving up means that the SPX will be moving down.
Conclusion
It should be a strong, fast crash.
Maybe it will last for months, 2-3 months?
Your guess is as good as mine.
Remember to boost and like.
Thanks a lot for your support.
Namaste.
Kommentera:
Definitely crashing but taking Crypto down with it... Prepare to be surprised, Bitcoin will soon completely detach from the (SPX) stock market.
đ Altcoins & Bitcoin Charts!
followalan.com
đš Free PREMIUM Trade-Numbers
alansantanatrades.com
đ„ New Lowest Pricing Ever â Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)
followalan.com
đš Free PREMIUM Trade-Numbers
alansantanatrades.com
đ„ New Lowest Pricing Ever â Easy PREMIUM LIFETIME Access
lamatrades.com (Since 2017)