snoooop40

S&P 500 showing signs of near-term collapse

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SP:SPX   S&P 500 Index
Comparing a few of the technical patterns that occurred before and during the massive corrections of 2000 & 2008, the S&P is showing signs of another large correction looming. (Again after ~ 7-8 years of bull-run).

These types of monster moves play out over a period of months / years and therefor it would be diligent to observe these and other indicators over the next few weeks in order to determine whether a big move to the downside has in fact already started.

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