S&P 500 (Daily Chart) - Support is Broken

2018年12月20日

After consolidating for the past few months, the S&P 500 has finally broken the major support level and is heading down.

The pattern looks a lot like a potential double top, so this could lead into something more serious.

We have been mainly short (besides capturing a few small rebounds) for the past few weeks, and I will continue to add positions on pullbacks.