Short

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

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.
Chart PatternsDIAHarmonic PatternsNASDAQ 100 CFDQQQSPX (S&P 500 Index)SPDR S&P 500 ETF (SPY) Trend AnalysisUS30us500

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