Thomas93

We are right befor the crash in the S&P500

Short
OANDA:SPX500USD   S&P 500 Index
Im quite sure that the current mothly candle will flip bearish like in march 2020 and start the rejection/Crash

The crash in March 2020 was a Liquidity event, the FED was able to step in and do the recovery.
After liquidity events the insolvency events will follow, the Fed wont be able to stop it this time.
Thats why i think there will be a massiv bear market for 1-3 years and a 40-70% drop in the Equitys

I published multiple technical Ideas for the Crash in the last 2-4 weeks, this will be my last one, we are right befor the crash in my opinnion.

The damages of the virus will hit now, they where not the cause for the march 2020 crash.
its a very simular like right befor the 2000 crash.

Most of the current speculative Margin buyers will have to sell their positions and turn into sellers, we have the biggest ammount of speculative buying going on.
Sooner or later they will have to close their Trades/Positions, this means profit taking (selling their positions/turning into sellers)

The Next Post that i will publish on this account is probably after the crash when i buy back in for the recovery, good luck everyone ;)
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