markrivest

SPX Decline Has Begun

SP:SPX   S&P 500 Index
My prior post noted a decline in US stocks was imminent. Today 01/15/21 the SPX daily MACD had a bearish crossover a few trading days ago the daily Stochastic had a bearish crossover.
If the decline continues it may only last until the end of January or early February , this is based on a possible analogy with the SPX January 2010 peak. That minor decline lasted about two weeks and fell about 9%.

Mark

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.