/biz/ - Business & Finance

Anonymous Wed Mar 27 12:21:46 2019 No.13135303 [View]
File: 210 KB, 1817x899, SPYend.png [View same] [iqdb] [saucenao] [google]

The negative divergence on the PPO and RSI are playing out. The last time we had both negative divergences in play was in the lead up to October. The yellow line is the logarithmic support for the market lows since March 2009 (bottom). The neon green lines are price patterns - currently we are seeing a breakdown of the rising bearish wedge. If we undercut December lows, we will have confirmation of a very nasty head and shoulders pattern that could take us to the 2015/16 sideways market highs

Buy TVIX for maximum gains in you believe this case.

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