Alert! Sell signals aligning for S&P 500….
on different time frames, suggesting a correction to start from Friday or Monday next week.
The following charts shows weekly, daily and 4 hr. chart showing buyer exhaustion with TD countdowns (blue) / TDCombo’s (yellow) sell signals almost completed!
Powerful signal suggesting an imminent correction.
As I mentioned earlier, I believe this correction will be short lived, as the monthly chart is still bullish but also near to completion of TD sell signal (countdown and combo). So I believe we will get a Xmas rally and end the year in a very bullish manner, probably testing the upper resistance right above 2600 SPX.
Early next year will be the start of a bear market.