Stocks get hammered late session after the spike.
SPX buy support continually met by selling pressure. When the recurring
buy support is increasingly overpowered by sellers, the market will crash.
Once again SPX / EURUSD buy support / USD selling returns during US
session. Rinse & Repeat…
EURUSD daily megaphone wedge pattern continues, so big move awaits.
Previous SPX / EURUSD buy support overpowered once again by euro
session sellers. What a surprise…
More SPX / EURUSD buy support / USD selling risks further equity short
covering rallies. This affects USDJPY signals too.