Study potential 2008 analog

S&P 500SP

Description

⋅ Jun 7, 2022 5:13 PM

Today it feels like we have panic buying into XLE.... at the exact prices they found at the 2008 top!

So what if XLE and SPX turn down from here? It would follow the analogue of 2008 where XLE tops into a bull trap for SPX.

Trend Analysis

Comments

JoeChampion

⋅ Jun 8, 2022 7:09 PM

appreiate your efforts, keep it up!