SPX | Strongest Bearish Action Since 2022

22 de ago.

We are likely witnessing the very beginning, the start of the most dramatic crash since the year 2022. This will be the most steep, fast and brutal correction in several years.

Don't get me wrong. I am not trying to scare anybody nor create panic, just sharing a simple truth based on data coming from the chart. Based on market cycle, price dynamics and TA experience. ➢ The SPX is about to resume its corrective phase.

The three weeks up is called a "pull-back," a natural market "reaction," an "inverted correction," a "bounce," and so on. The thing is that this isn't an actual bullish move but the correction of a bearish move.

Since this correction is over, the initial bearish move that started mid-July will resume.

➢ Basics, basics, basics. We have a lower high, this will lead to a lower low.

➢ Believe it or not, cry or scream, it doesn't matter... Down we go!

➢ Prepare for the crash. You have plenty of time.

Thanks a lot for your support.

Namaste.