Wondering if the S&P will collapse? Here's the case

Many of you will be reading around that the S&P and various Indexes are pending a larger fall.

There is always a technical and fundamental reason for this, both of which you can see via news outlets or indeed by completing technical analysis.

And people do not make these claims lightly. Whether you are a day/intraday/swing/investor style trader it is still applicable to you.

So here is the lowdown (and top down).

Watch for more.

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Looking to re short only at previous fallen support (new resistance)

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Falling further. 4335 area is OK for light longs (advanced traders)

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Still holding short bias until next key Price Action levels.

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Minor rebound (do not fomo)

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Shorts circa 4458

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First entries likely to be lighter.

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Still awaiting rise.

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Light re shorts available.

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Make sure your bias is RE short. Not heavy at all.

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Still maintaining shorts on higher pushes.

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Re shorts now applicable.

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Todays news may tell you a lot about the market and where it is going.

Short bias remains.

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Maintaining short bias on gap up open.

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Further shorts even more applicable (RE approaching key resistance / Former Short Areas) Use your long term mind..

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Re shorting lightly. Would not be enormously shocked if prev high broken. Short bias still remains.

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PS ^Bias gets stronger on rises. Also similar bias across global index markets.

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New very important explanation.

www.tradingview.com/...ndy-S-P-Market-Fall/