christian.langfors

START OF A BIGGER BEAR MARKET?

SP:SPX   S&P500指数
1
If this month closes at or below this level (currently @1851), this will be one ugly month where 20 months of bull rally where erased in a few trading days!

It sure doesn't look good at the moment but notice how SPX has rebounded from the lower Bollinger Band on a monthly chart in the first leg down, all the way up to MA20 on a monthly time frame.

Time will tell, one thing is sure though and this will be interesting to follow and trade. Be patient with the entries, remember to use stop/loss orders!

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