TRADER-RI

US SPX500 - Jaws of Death

Short
TVC:SPX   S&P 500
Jaws of Death pattern playing out on the US markets. Liquidity pumped into the system has driven the index on a fa-nominal move to all time highs. Now with a sell pivot now in place on the weekly chart and a trade war raging, the short plays first target is to the point of Control at 1806. The secondary target will be somewhere between 1237 & 950 level, which is back where price was that end 2008 GFC end.

Time is the only true currency...how will you spend yours and what value will you receive?
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