- SP500 has had a top every 7 years.
- Technically we are at similar postures than in 2000 or 2007.
- There is the possiblity of a E (we had ABCD so far over 14years).
- In October, SP500 will find it difficult to pass 1980:
* Supporting channels that require rentry
* Monthly amplitude was already 160pts when average over 10periods is normally 85 (top of the month was 1970)
- Technically we are at similar postures than in 2000 or 2007.
- There is the possiblity of a E (we had ABCD so far over 14years).
- In October, SP500 will find it difficult to pass 1980:
* Supporting channels that require rentry
* Monthly amplitude was already 160pts when average over 10periods is normally 85 (top of the month was 1970)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.