Here are two major TA signals that indicates that the the US Stock Marketing
SPX
has topped, hitting the All time highs, and giving us a bull-trap which is a very bearish indication, and now forming a shoulder / head / shoulder which is a very strong indicator that the upward trending process is reverting. With that I can say that S&P500 has just started its bear market.
SPX
has topped, hitting the All time highs, and giving us a bull-trap which is a very bearish indication, and now forming a shoulder / head / shoulder which is a very strong indicator that the upward trending process is reverting. With that I can say that S&P500 has just started its bear market.