Therealalphaaction

SPX Weekly Equilibrium MARKET TOP!

Short
SP:SPX   S&P 500 Index
The s and p 500 is currently in an equilibrium pattern which means were are at the market top. Earnings season and oil going down will pull the market down after the pattern plays out.

The way to play this is through going long crude oil tankers like NAT and TNP.

If you want my full watchlist and trades for the week ahead I will link it below in the comments!
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.