This SPX chart has embedded on it the Fear & Greed Index, a remarkably accurate timing indicator for intermediate term stock market reversals down and one that is independent from our pattern recognition and Elliott Wave analysis. I've offset the 200 day EMA to go forward 10 days to create a visible and newly active Key Level, right at SPX 4000. The message from this chart is that a turn down is imminent with first Key Breakdown Level @ SPX 4000 and Major Breakdown Key Level @ SPX 3800. SPX - Fear & Greed Index IWM - Fear & Greed IWM Sell Signals VIX - Up Arrows Correspond with Fear & Greed Stock Market Sell Signals Open Buy Signal: VIX Mar 22 $25C on next VIX rise above $21.00 Link: CNN Fear & Greed Index
