SP500 has capitulated into a bear market and it will continue until the chaos from new technologies settles and new industry leadership begins to emerge. Currently, we are no where close...I'm expecting this correction to last at least 1-2 years.
Long story short, we are at an inflection point in history.
S&P 500 completed a Super Millennium Cycle in January 2018.
Old (Corrupt) systems are being dismantled...
New TRANSPARENT (Blockchain) systems are being created and implemented...
Don't believe me, please do the research for yourself...
Please read previous analyses: Links to previous analysis: SP500 - The Crash - Part 2
SPY-CRASH-IMMINENT-UPDATE
SPY-SHORT-UPDATE
SPY-SELL-BUY PUTS
Will update.
-AB
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We are about to have a sharp fall or another leg down...
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Brief Support at $264...
Trade active
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29 MAR 19 $265 PUT
$1.55
Time-frame: 1 day
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Option Check: 1.80
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Volume Profile is weak...
Trading below Point of Control...
Sellers positioned at lower prices...
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$273 is the next critical level...
Then, $271, $268
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Waves 1 & 3 are Normal Waves
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Option Check: 2.10
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The Trade...
Long Crypto...
Short S&P 500...
Vindication?
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#BOOM
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Option Check: .71
Held position...
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