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ThinkLikeaWhaleTLAW
Dec 20, 2022 6:15 PM

SPX History repeating 50% correction next 24 months? Short

S&P 500 IndexCBOE

Description

Not financial advice.
This is the monthly chart and you can see from years past that when we hit the top of the trendline we have 3 down years.
Will history repeat?
This would be the first full year so 2 more years to go and lose 50% of it's value?
You be the judge.
But history very good indicator of what's happens in the future.
Remember
PIK
Patience is Key
#TLAW
Think Like a Whale
Happy trading.
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Comments
JoeChampion
Good job!
ThinkLikeaWhaleTLAW
@JoeChampion,
Thank you appreciate the feedback
ThinkLikeaWhaleTLAW
@JoeChampion, heck of a compliment coming from someone with so many followers. Thank you again. I feel we have a rough stretch next few years because we have to pay all that free stimulus $ back. An outright crash to bottom of the channel would be world hunger status.
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