I find the S&P 500 bears look ready to shoot down the flying saucer this week. No doubt the S&P 500 has seen bulls celebrating at the peak, but that won't last. As this has already been a historical phenomenon that whenever the S&P 500 attained new heights during the years 2000 and 2008, there was hardly anyone to realize that they had been trapped at the peaks. Today, on August 28, 2018, I find the visibility of this bear trap because smart bulls have already escaped during the moths of July and August 2018. Amid the fact that despite some positive development at global levels, equity markets do not seem ready to overlook the after effects of tariff trade wars on forward earnings all over the world. This phenomenon has started to shed its reflection over the movement of global indices. I’ve found some decisive zones for S&P futures to take a decisive move ahead during the upcoming weeks. Let’s have a look at the movement of S&P Futures on August 18, 2018 at 12:00:00 while news blinking Apple (NASDAQ:AAPL) hits all-time high and Google (NASDAQ:GOOGL) amid Trump Tweets.
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