DeNomics

S&P500 ready to go down down?

Kort
OANDA:SPX500USD   S&P 500-index
After the corona recovery we topped back out above previous highs with a small shack off on new price discovery.
As ridiculous of a move as it was it had back bone and was a pretty consistent or strong growth trend, but that shake out broke trend and the second recovery has failed to make a higher high.
So now im purely looking at market structure change and looking at this current short term trend to create a lower low on the daily giving me confidence that the market may finally be starting to shift.

Are we getting ready for a big hit?



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