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.
Rising wedge bearish pattern
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.