dsorchestra90

Short SPX Intermediate/Long Term

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
RSI under 70 and drifting lower
MACD trending negative, and appearing topped out
LT Trend line from 09 broken

00 and 08 bubbles looked very similar in these 3 regards.

on the fundamentals front- china devaluation, removal of qe & 0% rates from the fed, energy and commodities crash, etc.

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.