S&P 500 Index Will Crash... Again! (Bearish Divergence)

16 Feb 2019

Back in October 2018 I shared a chart for SPX mentioning that it would crash, the signals were pretty straight forward and I was surprised to see how easy it is to predict movements of these conventional assets.

The crash followed as predicted. You can see it here:

Now, I am seeing the same signals that alerted me of the previews crash; here they are:

• Bearish divergence on both the RSI and MACD.
  
• Not enough volume.
  

You can expect the S&P 500 Index to crash once more.

This is just a friendly reminder. We focus and trade mostly cryptocurrency, but many of our followers might get trapped by the hype that is shared daily on the news.

So get ready, as this will fall. SELL.

Hit LIKE to show your support.

Namaste.

17 Feb 2019

Nota

Dow Jones Industrial Averages Index (DJI):

Apple Inc. (APPL):

17 Feb 2019

Nota

Bearish divergence:

8 Mac 2019

Nota

I believe it will continue dropping. The next support is at 2700-2710, this is marked by fib levels, EMA50 and EMA100.

Here there can be a small bounce back up to EMA10 before continuing lower... Just having fun on the details but the main analysis remains the same... BEARISH: