In my last blog “finding-a-market-top” I expected the past week to start lower for US index then a rally to new fresh ATH. Well it started as expected with Monday decline for the SPX, gap down open on Tuesday and turnaround to a promising rally but surprisingly interrupted by president D.Trump “tariff tweet”. The tweet Read more about Time for a bear rally and bull trap[…]
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Finding a market top prior the imminent crash
Stock market has topped out to a significant price exhaustion level.
Following my last blog post with the title Bearish Summer Ahead… Today is July 2th 2019 and a solar eclipse is visible in Chile and Argentina. This eclipse belongs to the Saro 127 and the energy outcome from this astronomic event has previously shaken the markets, like it happened in 1929 and 2001. Here is Read more about Saros 127 cycle and the stock market[…]
The S&P 500 is on worrying triple top pattern and is expected to complete a sell setup following a higher weekly bar close with a higher high above 2964.15. This will result in a double sell signal: TD Countdown sell TD Combo sell This higher close on weekly bar should complete this week starting July Read more about Bearish Summer Ahead[…]
Short #SPX In my last blog post from June 3th, I projected a turnaround and sharp rally from the lows: For Monday, I expect a gap down and that we print a target down at 2723, from there we start a rally to a target at 2820 SPX, to be reached in few trading days! Read more about Short #SPX @ 2892 – time is inn for a correction![…]