MonetaryRebel

Selloff Started

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MonetaryRebel Diupdate   
TVC:SPX   S&P 500
We've broken the major support line for our uptrend, implying that the bulls are no longer in power. Watch the weekly candle that will close soon. It looks like a bearish engulfing weekly candle that could engulf the last 2-3 weeks.

I am a bear. Keep that in mind, BUT, look at it!

(Not financial advice)
Komentar:
Komentar:
If we close at this level we will have bearishly engulfed 8 weeks worth of price action. That's huge.
Komentar:
Retesting the broken upward trend support that is now resistance
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