THE BIG SELL: coming soon!

If they stop SPX right here, and then take out 3040, then 15 min chart will start to swing back towards bears favor....

could be big decision dead ahead...

that 15 min / 60 min configuration combo on VIX looks like it could be devastating if VIX breaks right here....

RUT chart at huge pivot point...bulls need hourly close over 1420 to start to turn things back up.

I don't see big selling in the Summer, but if there has to be one it may be in Sept - Oct time frame.  Currently the market has likely made a swing bottom and back up on the program for Rinse and Repeat ...................

Edited by redfoliage2, 30 June 2020 - 09:33 AM.

So far, Trannies not able to punch through 5 min 900.

if they continue to fail here, and then come back under the 15 min 900, then bears could get another down wave started.

But if they manage to punch through later, then bears may have run outta gas

Some big decisions coming real soon...

Trannies 15 min chart.

If bulls can push it up a bit more and kink the 200 to the upside, bears would likely be dead...

3057 average short now! 

RUT trying to push back above hourly 900 here, as 15 min chart trying to get back into full bull mode.

Just need that 200 to kink upwards, and bears dead...

15 min

60 min

Edited by K Wave, 30 June 2020 - 10:03 AM.

I have been saying this for a while, with rallies and bounces prevailing, but there will the BIG SELL coming, and it 

appears as if that day is nigh. How "nigh" ? One cannot predict to the day but this Summer could see a BIG FALL in the markets. 

 

I see some others saying the same...

 

 

Timing to me looks like in the area of late Aug to Sept.