MoneyPatterns

SPY / SPX - Nov 15 Deadline - Bearish

بيع
OANDA:SPX500USD   مؤشر ستاندرد أند بورز S&P 500
Bearish because -
On Nov. 15th we either break a 12 year resistance line with 6 points of contact or go to even higher all time highs.
If that is not the definition of euphoria, I don't know what is.
RSI Overbought.
Wycoff Trend Overbought.

I have closed my Put position to limit loses and re-enter because this dumpster fire is keeps going up.
Any significant break of pink channel is excellent for downside returns or re-entry of Puts.
I feel this artificial liquidity from FED combined with Trump China tweet and media manipulation is adding risk which cannot be calculated.
Trade carefully here friends.

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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY and short SPY.

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