S&P 500 Index
Short
Updated

Defending the TRIPLE top - SPX - 3940 - ALAMO must hold

558
Holding short the 3900 Triple Top
Some interesting similar patterns
Overbought and Divergence on the oscillators
Note June 3 tops on the Oscillator - before Drop - see fork
Now July 3 BIG tops on the Oscillator - 3 BIG tops chart similar drop incoming
b]In the face of

  • Poor EPS numbers on the Techs - I bad AAPL will ruin the whole bunch
    GDP number next week for 2nd quarter GDP) is 2 negative GDP numbers in row and that makes the recession official
    FED Hike next week – and JPOW will explain why SEPT will need another so the landing will be nice and soft


There are lies – damn lies and then there are statistics…
There are charts – then there are Fibs with Pitchforks --
Then there are Tea Leaves…
And when no more indicators support your position -
No longer timeframes to support your losing position -
Not even the decades Timeframe?
Finally get out the colouring book and make it pretty....
Trade active
Does anyone know why the chart is NOT updating... New to this posting deal???
Note
I am hoping this 3940 will now be Resistance as it broke down .... Rejected 3970 x on US500 Three separate times last night ...
Trade closed manually
Got some out yesterday --- The rest out today ---He who fights and runs away --lives to fight another day --

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