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Time Price Pattern & Trend - Why the S&P Is Headed Lower Soon

|Includes: EDZ, QID, QLD, QQQ, SDS, SKF, SPXL, SPXS, SPXU, SPDR S&P 500 Trust ETF (SPY), TNA, TZA, UPRO, UYG


A four way confluence of resistances - trend line, time, retrace and pattern completion from the March lows - dare I say that we are finally close to being done with the sharpest rally of the century?

Again, fighting the trend is not a wise move, therefore I am leaving plenty of ammo should I be wrong to average / manage my trade.

But if these indicators hold, then we're looking at a top sometime in the next few days.