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EXCAVO
May 8, 2022 12:24 PM

S&P500 2008 and 2022 

S&P 500SP

Description

Technically, we are repeating the same movement as in 2008. Breakout the trend line - test - and continuation of the fall.
Fundamentally - the war in the center of Europe. The potential risks of aggravation of the situation and involvement of other countries. The probable default of many countries and sanctions that hit on both sides. Rising prices for oil and gas. Many predict hunger, lack of products, and as a result - an even greater rise in food prices.



Best regards,
EXCAVO
Comments
Vibranium_Capital
Bull rally comith
prosperitynhlapo223
DaytimeTinkerer
@Vibranium_Capital, delusional much?
Vibranium_Capital
@DaytimeTinkerer, pro expired
dualmass
@Vibranium_Capital, two more support levels to break/ test and yes BIG money incoming probably early next week
dualmass
@Vibranium_Capital, that's a general statement for sure, of course yes a rally follows capitulation,,, tell these poor souls at what price they should buy.....:)
Vibranium_Capital
@dualmass, I did explain spy in smaller timeframe recently :) and I alert my plays live as well lol
TradingView
Interesting charts here from you and @Realamh!
AlanSantana
Agreed. It can go much lower.

AIcapitalist
Give some credit to the original post tho lmao
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