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Strategies & Market Trends : Humble1 and Swing Trading Friends

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To: Fintas who wrote (30345)12/24/2018 11:50:54 AM
From: candlestickit  Read Replies (2) of 41020
 
"There's too much downside yet to come. Those who shift to the long side will have their moment in the sun but those thinking we are going to turn to take out previous highs in year in 2019 might want to re consider"

Yes!

ZERO chance of new highs. We'll get a retrace when this short bottom comes, but that's it.

The presidential alert in Oct rung the bell at the highs. Bear market started in Oct 2018.

Before it's all said and done, the 2009 low in spx gets taken out. See charts comparing now and the 1970's.

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