Daring-Leap

TRADE IDEA S&P500 SPX OVERLAY LOOKS BEARISH

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SP:SPX   Indeks S&P 500
US Equities are setting up for a sell off. Overlay shows bearish patterns developing and with crude at resistance levels, sell off in stocks are warranted.

I use rainbow colors to remind everyone the true meaning of the rainbow. In the Christian Bible's Genesis flood narrative, after creating a flood to wash away humanity's corruption, God put the rainbow in the sky as the sign of His promise that He would never again destroy the earth with flood

"I have set my rainbow in the clouds, and it will be the sign of the covenant between me and the earth. Whenever I bring clouds over the earth and the rainbow appears in the clouds, I will remember my covenant between me and you and all living creatures of every kind. Never again will the waters become a flood to destroy all life. Whenever the rainbow appears in the clouds, I will see it and remember the everlasting covenant between God and all living creatures of every kind on the earth.” Genesis 9:13-16

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