With this four dimensional vision of the American landscape, the best we can say is that we are in a phase of uncertainty or even a potential downward threat to Come. In a technical way, we can see that we are in the presence of three joint configurations, meadows, in all major US markets. You will notice that this is not a time horizon Intraday but rather weekly, so Medium-long term. This reinforces and credibility my bearish view over the Medium-long term, in the event that the scenario materializes with the trigger, which is the leader of the American market, the S&P 500. Everything will go from it, which itself is conditioned by other factors such as VIX, spreads and rates of bond yields, difficulties in the level of commercial cooperation, and finally bad geopolitical news. All these factors listed are only catalysts that will amplify the probable debacle of the US Market. And you agree with me that these 3 leaders of global finance, are in fact, in a way the barometer of all markets, which risks creating the contagion effect (domino risk) so Dreaded. However, don't forget all the same, that so long, that American indices will remain in their different bullish channels of progression, as long as they will be considered Bullish. As long as they do not break these channels from the bottom, the hypothesis of a Bear Market will always be questioned, and bullish records in sight will always be as Probable.
Francois Abley