The weekly candles of the major US indices closed bearish. #SPX is the worst, followed by #Nasdaq, #DJI and #Smallcap.
SP500 formed a Bearish Engulfing that engulfed three! previous weeks. Nasdaq closed as a red candle below the previous week low. DJI made a Dark Cloud Cover.
These are the serious bearish statements on the weekly charts, supported by technical indicators, predicting a decline. I hope I am wrong.
Please follow the blog on Twitter: @InvestingAngles