rb5

Ominous signs for the S&P 500

Short
FX:SPX500   S&P 500 Index
The 9 ema has crossed down thru the 20 ma. The last two times this has happened in 2000 and 2008 the SPX has fallen 50% each time. It is also in a squeeze which looks likely to release to the downside. Look at the presvious two.
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.