S&P 500: Why Rallies Will Be Sold
Satendra Singh | Apr 02, 2020 07:31AM ET
On analysis of the movements of S&P 500 futures in different time frames, I find that the length of the "Exhaustive Candle" in a weekly chart confirms the continuity of exhaustion amid futile attempts of bulls. A weekly closing of S&P 500 futures below 2424 will confirm the continuity of a downward voyage during the month of April 2020.
This video was posted by me one year ago in order to predict the next market crash.
Let's have a look at the current position of S&P 500 Futures in the same chart pattern on April 2nd, 2020, in order to find upcoming support and resistance levels; in different time frames.
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