The last time I posted about SP500 I was expecting the market to try break strong resistance 4140-4180. So far it goes according to plan. I’m preparing to go short.
What if we break the resistance?
This can be a bull trap and we will get a new low very likely in September.
There is another option. VIX on weekly chart, we’re very close to 200EMA(21.5).This is a...
