Even on a quiet Monday session,
big money was again selling off stocks in the last hour of trading
and the S+P 500 broke down from a triangle indecision pattern
continuing on a proprietary sell signal from last week
,to close below important big number support at 2950.
I am featuring the "Know Sure Thing" Indicator,here
which clearly shows confirmation of the sell signal, on a 30 minute chart.
Note how the moving average gap in this Indicator,
is now widening, as the selling pressure intensifies.
The implication of this Indicator is to simply make you aware,
that big money continues to sell the market ,after the move to all time highs in the S+P 500.
Decline underway is sneaky, and sublime taking place under the surface
as the bullish crowd continues to show speculative bullish impulses
clearly shown by their need to buy into the next new IPO,
floated out onto the street, at whatever excessive valuation the market will bear.
THE_UNWIND
6/25/19
NEW YORK
.
big money was again selling off stocks in the last hour of trading
and the S+P 500 broke down from a triangle indecision pattern
continuing on a proprietary sell signal from last week
,to close below important big number support at 2950.
I am featuring the "Know Sure Thing" Indicator,here
which clearly shows confirmation of the sell signal, on a 30 minute chart.
Note how the moving average gap in this Indicator,
is now widening, as the selling pressure intensifies.
The implication of this Indicator is to simply make you aware,
that big money continues to sell the market ,after the move to all time highs in the S+P 500.
Decline underway is sneaky, and sublime taking place under the surface
as the bullish crowd continues to show speculative bullish impulses
clearly shown by their need to buy into the next new IPO,
floated out onto the street, at whatever excessive valuation the market will bear.
THE_UNWIND
6/25/19
NEW YORK
.