It Is Time To Sell 是卖出的时侯了

US stock indexes opened up but have now all turning down significantly. Weak software (IGV), semiconductor (SOXX), internet (FDN), social media (SOCL) and health care (XLV) are dragging the market down. 10 year treasury yield has now dropped to 2.37%, the lowest since December 2017. This again raised recession concern. Small Cap Index Russell 2000 is the weakest among indexes dropping below it's 50 Day Moving Average at 1528. The index is now below it's 20, 50 and 200 Day Moving Averages and it's trend is now short, intermediate and long term down. S&P 500 is now dropping below it's crucial support at 2800 level and it's 20 Day Moving Average at the same level.  The Dow and Nasdaq are also below their 20 Day Moving Averages.  Fear index $VIX formed a bullish engulfing pattern and is up nearly 12%. Fear is rising. Market down turn is likely.  Initial S&P downside target is 50 Day Moving Average at 2747. If this level is broken next target is 38% retracement level at 2660. To participate on the market down turn, buy the 3 times bear index ETFs such as TZA, SQQQ, SPXS, SDOW and the1.5 times VIX ETF UVXY.

美国各大股指开盘上涨，但现在已大幅下挫。 弱软件（IGV），半导体（SOXX），互联网（FDN），社交媒体（SOCL）和医疗保健（XLV）正在拖累市场。 10年期国债收益率目前已降至2.37％，为2017年12月以来的最低水平，再次引发了经济衰退的担忧。 小型股指数罗素2000指数跌低于其50日移动平均线1528为最弱的大市指数。该指数现在低于其20日，50日和200日移动平均线，现在的趋势是短期，中期和长期下跌。 标准普尔500指数现在已经跌破2800点的关键支撑位，同样是20天移动平均线水平。 道琼斯指数和纳斯达克指数均低于20日移动平均线。 恐慌指数$VIX形成看涨吞噬模式，上涨近12％。 恐惧正在攀升。 市场下跌的可能性大。初步标准普尔下行目标是50日移动平均线2747.如果该水平被打破下一个目标是38%回撤水平2660。参与市场下跌可 买入3倍熊市指数ETF，如TZA，SQQQ，SPXS，SDOW和1.5倍VIX ETF UVXY。