S&P 500 Going Lower (7%+ Drop)

By AlanSantana
Updated
In October I mentioned that the S&P500 would go down strong... It is happening.

It looks like additional bearish action can be expected. If SPX closes below EMA100 (2603), you can expect a drop all the way down to EMA200 (2388).

You can check the analysis below for additional information:

S&P 500 (SPX) Going Down (Time To Profit)


Thanks a lot for reading.

Namaste. :)
Comment
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Thanks a lot for your support... Truly appreciated.

Namaste.
Comment
Bank Of America (BAC) Stocks are going to crash hard as well... According to the signals coming from the charts.

You can take a look here:
Bank Of America (BAC) Will Drop Hard (90%+ Crash?!)
Comment
Google (GOOGL) Is looking bearish as well.

See it here:
ALPHABET INC. (GOOGL) Crash Incoming (~20% Drop On Its Way)
Comment
We did close below EMA100, this confirms what we already know. This thing is going to crash even more.

snapshot
Comment
The drop comes as expected. I wish the cryptocurrency market was as easy to read as this thing.
Comment
snapshot
alanmastersBeyond Technical AnalysisBitcoin (Cryptocurrency)DJIindexTechnical IndicatorsnasdaqSPX (S&P 500 Index)S&P 500 (SPX500)spx500shortStocksTrend Analysis
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