Fractal bearish harmonic patterns in SPX for month-day-hour

15 giu 2016

In addition to these incredibly clear harmonic reversal patterns shown, the larger one makes up part of a monthly bearish harmonic pattern that looks the same at the top of a large yearly uptrend. This looks like an incredibly strong indicator of a full reversal into a bear market in about 4 months.

There are also fundamentals that happen to confirm this such as prominent financial figures indicating short sentiment and large money managers

I am not shorting this directly, but buying oppositely correlated things, namely cryptocurrencies(BTC,ETH,LTC,some ICOs), and longing some, holding others especially after the last few days of extremely steep SPX dump.