As I previously mentioned an expected increase in the volatility (VIX) and it found now a reason due to jeopolitik risks, a fall in the S&P 500 Index become more likely. Because there is a reverse correlation between those.
I would like to point a fact, with this opportunity: When prices diverge from the exponential moving averages (EMA) either prices return back to those or EMAs follow the upwards trend. In this case, first is more likely. I have draw similar situations with arrows for the past. Although MACD does not approve a short position yet, after a crossing we can witness a downward path till the EMAs, which are 50 and 200 days on the above graph.
I would like to point a fact, with this opportunity: When prices diverge from the exponential moving averages (EMA) either prices return back to those or EMAs follow the upwards trend. In this case, first is more likely. I have draw similar situations with arrows for the past. Although MACD does not approve a short position yet, after a crossing we can witness a downward path till the EMAs, which are 50 and 200 days on the above graph.