jrfxtrader

Decreasing volume and interest with increasing price

Short
SP:SPX   S&P 500 Index
SP500 as well NASDAQ is going through a climax phase which will end up with reversal. Prices sky rocketing with falling volume will fall down with decreasing interest. Some investors want to make sure it looks like a good investment now just to get more money into the market before they start withdrawing their investments. Daily charts showing multiple signs of bearish engulfing in middle and end of Jan.

I am definitely begging to see bearish with SP500 and NASDAQ indexes
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