ThinkLikeaWhaleTLAW

Spx 2001 and 2008 all over again but a Huge Catch on Stoch RSI

Kort
SP:SPX   S&P 500 Index
Not financial advice. I'll include the other chart shown bigger so you can see the stoch and fisher and how we have more room to come down.
Handel aktiv:
I will not be bullish until we have a monthly close above 4215
This represents the 20month moving average.
If we get a monthly close above 4215 then I would assume we double top at 4800 like the 2002 cycle followed by a 50% retrace.
Past repeats the Present🤔
Handel aktiv:
Huge fakeout
As I mentioned I remain bearish until we get a monthly close above 4215.
Feb fakeout confirmed. Follow the fibs.

If you like this, please come join our free Telegram group for exclusive trade ideas:
t.me/+qPr4Mjji9ko1MjU0

Visit our website to work with us: www.patienceiskey.biz/
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.