DFauvre

UPDATE TO LAST POST with correct chart! S&P Short! Trend Change!

Short
SP:SPX   S&P 500 Index
Again, as I said in my last published idea, I use a proprietary system that excels at identifying major trend changes. In this chart, I'm using quarterly candles. As there is not a chance in hell that by the end of the first quarter on Tuesday, price will be back to the green boxes (correct ones this time!) I'm publishing this a little early. The S&P has confirmed a major trend change to the downside. So it's a good time to go short. When the dust settles from the economic devastation from social distancing, I expect the S&P to go below 2000. I was short the S&P at leverage using ProShares when the crash happened, lucky me. But you can still short the S&P. I will again this week. Good luck swimming in the big surf! Great time to make a lot of money!
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