S&P500 – Hanging Man – Lucky Number 7



 

 

Hanging Man


In today’s update I would like to discuss a Candlestick pattern known as the Hanging Man.

Let’s start with a post from my eToro feed from 10 days ago.


 

 

 



 

Now, let’s move 10 days forward and zoom in on nr 5, 6 and 7.

Combined with all the other charts and analysis I provided on my eToro feed (Margin Debt, Central Bank Policies, Stock Buybacks, Japan 1986 scenario, Monthly, Daily and 4h charts of the US markets) I think the risk is to the downside.

 

 

 

So does this mean a sell off is coming? It might be possible and it’s about time. But as we all know, there are no guarantees. What I do know is that the US markets are walking a slippery path…check out these two CRASH patterns that warn for a rough period ahead.

 


Do you want to receive (intra) daily trades and analysis of the S&P500, Dow Jones Industrial, Nasdaq100, DAX, VIX, Interest Rates/Bonds, Bitcoin, Apple, Facebook, Netflix, AMD and many more?


 

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