Testing Trader Vic's theory that if the 200 day is attacked from under and its sloping down = add to Short. Just saying. .. I don't trade this but watch it carefully. It will crack when wave 3 gets underway in earnest and the greatest heist by the banks of OUR money gets underway in earnest.
EPIC BEAR. multi prong attack on the Empire. Its not just financial. Its an all out assault ...... has already ruptured the American Family to shreds. Divorce rate 50%. https://www.marketwatch.com/story/m...ll-a-womans-primary-route-to-the-1-2019-02-14 Yawn! Always has been so. But fast forward to this decade in America, a feminized country, where the values are now of afemale nature, with Men attacked & ridiculed on TV and elsewhere. American woman's formula: nail him, marry him, when the kid(s) come, shunt his ass off to the basement. Then let him work his ass off in the office for long hours to finance all her whims & fantasies. Then divorce him, take the moolah and split with the blessings of the court system Then crack his spine by denying him the kids. How common in America? Yawn! sooooooo. common.
SPY: Prepare ammo and beef jerky for the journey south? iIs it a dream? RSI 20 min. uptrendline busted, Macd arrives at its trendline, Vix RSI already broken out. Will PRICE follow? ?????????????
BEAR: BEAR's primary lieutenants arrived in January 2018 stateside to take down the Real Estate bubble. NY. Silicon V, you name it, its underway Its underway, gathering steam. SELL all investment RE. Then Rent, Rent, Rent. https://www.cnbc.com/2019/04/01/manhattan-real-estate-sales-fall-for-sixth-straight-quarter.html
BEAR ravaging the Golden State, I mean just killin it, mercilessly, acceleration expected as soon as Dow Jones tops the rally from Christmas. Its going to get mean. Revolution expected. Talk of Secession expected in CA & Texas.
The one thing you have on the bear side is the upcoming earnings release. If you don't see a negative reaction to lousy earnings, you may want to reevaluate.
SPY: Minor or Intermediate term CALL: TOP is just about IN. Get ready for downside. 550k added to short 286.09 Fasten seatbelts. I have a Fibonacci level just hit at 286.36 Minm. target = 284.45, ..... target range = 284.45 - 282 Then revaluate.