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MonetaryRebel

Correction Time

Short
Indice S&P 500 (SP:SPX)  
MonetaryRebel  
SP:SPX   Indice S&P 500
Chart Patterns Technical Indicators Wave Analysis S&P 500 (SPX500) sandp500 usmarkets
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chartpattern indicator waveanalysis spx500 sandp500 usmarkets
The S&P has entered the danger zone (red box), which is based on the .618-.768 fib extension from the last pullback.
Looks like the rising wedge has impulsively been broken.
We could see it retest, and reject again, but don't be surprised if we have some red days into the new year.

Currently I am long the VIX, and Silver & Gold Miners
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