Everything signals to a peak of the sentiment for all global indices.
And the WA markup confirms this hypothesis (https://t.me/eightyninewaves/2358). I think that a large-scale global crisis will begin this fall. For this reason, if possible, I fix profits by longs of cryptocurrencies and funds and withdraw profits in euros and a little in dollars.
Years 20 and 21 have given us very good money on the rebound from the covid bottom to historic values. But the easy money period is coming to an end. We need to prepare for this.
As for trading actions, I have sell-stop orders on the breakdown of the blue channel down and the green level down. The short from the current ones is also taken by the index to hedge the remaining long positions in the stock market. Stop-loss for it is at the orange level.
Share this channel, please, with other people interested in trading. It is very easy for you and it will be very helpful for me. Do appreciate your help
#89waves
#US #SPX TF: 1H
