SPX: Market Crash or Bargain Hunting?

Updated
Volatility is back bitches. We have seen more 1% swings since the beginning of 2018 than we saw all of last year! While that may be scurry if ur managing portfolios, its exactly what I love to see. More swings, more opportunitys, more trades, more profit. But lets jump into the chart shall we.

The big thing we see here is a big PHAT double top. And whenever we get a sloppy toppy you know what we do. Its time to short to the neckline (In green). Additionally, we just broke down another bear flag. Looking for a 2% upside with a stop loss around 1%.

If we see the double bottom its very likely we rebound and continue the bull market unless we see a catalysts. But hey, from how these past two weeks have been, I wouldn't rule anything out.

Until next time,

Happy Trading
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oh jeez... rlly teetering arent we.
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flipped my trade once we broke up

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Chart PatternsicixindexTechnical IndicatorsNDAQRelative Strength Index (RSI)SPX (S&P 500 Index)S&P 500 (SPX500)traderTrend AnalysisTSI

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