US500/ SPX H8: REVESAL BEARS: 4 000 points TOPS 5% PULLBACK (NEW

14 Mac 2021

US500/ SPX H8: REVESAL BEARS: 4 000 points TOPS 5% PULLBACK (NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because short-term I expect
more losses / 5% pullback off the highs.

🔸 Summary and potential trade setup
::: US500/ SPX H8 market overview/outlook
::: updated revised outlook
::: setup still valid as of today
::: closing in on the reversal level near 4 000
::: this is top of the bullish channel
::: also VIX near critical reversal zone now
::: review my setup in VIX via link below
::: recommended strategy: SHORT after we MAX OUT
::: strong key S/R level at 4 000 points
::: 5% pullback warranted off the highs
::: initial TP BEARS is 3800 points in April 2021
::: upside likely limited from 4 000 points
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/PULLBACK
::: Sentiment outlook mid-term: BEARS/PULLBACK

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Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.