Dear traders,
Please take precautions in your trading in the coming weeks of trading. I see a strong indication that the exhaustion is here.
Have a look at the weekly charts of the S&P
It is clearly showing a bearish divergence, indicating that the up move is exhausted
I am expecting it to potentially reach the 2877 horizontal level or even the support trend line before a major correction kicks in.
Please take precautions in your trading in the coming weeks of trading. I see a strong indication that the exhaustion is here.
Have a look at the weekly charts of the S&P
It is clearly showing a bearish divergence, indicating that the up move is exhausted
I am expecting it to potentially reach the 2877 horizontal level or even the support trend line before a major correction kicks in.
