SPX futures still want to go lowerSP:SPX , OANDA:SPX500USD futures are looking to go lower. Trump moved the markets yesterday with a small "relieve" rally. However, the markets couldn't hold on the gains and it became a loss. This is signaling weakness in the market. The SPX futures are now making a bear flag and will probably breakout soon to go lower. Remeber, trade after confirmation (breakout).
Ndxshort
Short NAS100USDBig hanging man formed end of Feb 2018 at top of a very long bull run after the all time high set in Jan 2018.
The flash crash and push back up to all time high prices, if the market does not push beyond the all time highs in Jan 2018, the short term speculators will pull out. Uncertainty, risk aversion in the light of trade wars, rising yields, possible drop in business spending and consumer net income.
At such high prices, not so good value yet for long term investors.
More bear moves coming soon.