Thursday 24 February 2022

S&P500 : In free fall as bearish cloud chart outlook remains in place. S&P500 hitting downside cloud chart targets!

S&P500 : In free fall as bearish cloud chart outlook remains in place. S&P500 hitting downside cloud chart targets! Outlook remains bearish, S&P500 trades below the cloud! Downside risk targets materialized as the S&P500 hitting those downside cloud chart support zones of 4348/4350/4296 and 4225! Next downside targets are 4157/4148 and then 4023!
S&P500 index is down more than 10% since sell signal! Cash is king right now! Powell Power Conspicuous Consumption bubble deflating! Party like its 1999!

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