buy-sell

buy-sell
RISK DISCLOSURE: The risk of loss in trading commodity futures contracts can be substantial. You should, therfore, carefully consider whether such trading is suitable for you in light of your circumstance and financial resources. Any advice or information on this website is general advice only – It does not take into account your personal circumstances. Please do not trade or invest based solely on this information. This information is purely for educational use only. Past performance is not necessarily indicative of future results. Trading is not suitable for everyone.

Wednesday, October 11, 2017

Alert! Sell signals aligning for S&P 500....

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.




Trade well!

Cos

No comments:

Blog Archive

Visitors