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TomNewYork
Nov 2, 2020 7:44 AM

Crab Pattern crash ? 

S&P 500SP

Description

Well if there was ever a time when to expect a crash, then this would be it.

The market expects the incumbent to win, but if not then it may panic.

This would be a similar move to the 1987 crash. Most do not seem to be expecting this type of move at this time.


The VIX is also saying huge moves coming up and there is a similar fractal to the 1987 crash supernova.

Comment

The price decline in March April 2020 occurred very quickly in terms of time.

Who is to say that this current correction cannot be FASTER than the previous one ?

The previous one was 23 trading days... so maybe this one happens in half the time.
Comments
ProfitHarvest
Speaking of...
poister198
Thought the crash was over when it was 3% down last week, isnt it a good time to buy at support now?
Carolcarr
Good job
SLOPolarBear
A break below $319 would definitely give us a big red candle.
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