I think the S&P has topped out again today and will most likely turn down.
This is a short-term trade, but overall if we see a double top in the markets over the next few weeks without a strong breakout, then the stock market will correct downwards very hard soon and take out the lows we saw a few weeks ago. Warning...This fall will be ugly for the Stock Markets
This is a short-term trade, but overall if we see a double top in the markets over the next few weeks without a strong breakout, then the stock market will correct downwards very hard soon and take out the lows we saw a few weeks ago. Warning...This fall will be ugly for the Stock Markets
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.