In today's video we take a look at the following charts:
S&P 500 monthly chart
S&P 500 weekly chart
TLT weekly chart
Gold weekly chart
WTI Crude oil weekly chart
Copper monthly chart
Uranium weekly chart
Personally, I'm selling growth stocks in light of the break of the major trendline in the S&P 500. I may re-enter if the market can stabilize and show signs of accumulation at 1800, where the trendline from 2009 where may converge with price and time.I'm also keeping an eye on copper, which, if it can fall to 2.11, may hit a trendline going back to 2003.
S&P 500 Breaks Major Trendline -- Is This Beginning of the Crash of 2015?
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