Showing posts with label chart doom. Show all posts
Showing posts with label chart doom. Show all posts

Monday, February 12, 2018

Crash leg setting up post-Valentine's Day



It looks like we completed A of 2 up at 2573 today, leaving B to correct and a final C up.

SPX 15-min

This sets us up for the next crashy leg off the thin green trendline either starting Valentine's Day (@2740), or soon thereafter (slightly lower).

The market is moving fast enough already to leave those waiting for a fall 2018 crash as spectators to the disaster that is unfolding now.  The months of May and June could destroy many trillions $$$ of pretend wealth.

SPX daily