Jake-from-the-trading-Cartel

Confirmed bear trend on SPX!! CRASH COMING?

Short
SP:SPX   S&P 500 Index
Spx has just had a confirmed trend on the weekly to the downside. Is there a potential crash about to happen? Inflation is through the roof, The us has stopped printing money, Interest rates are going up this year in most countries...... What happens next?

We are due for a correction at least. We have a correction every two years. Looking at all the data most corrections have a pullback between the 13-20% mark. Bear markets hit at least the 35%- 50% mark. If the bear market is happening we will see price drop to the 2020 lows.

You have to look at all the facts, do yourself a favour and go look at some of the top companies in the world

Netflix
Uber
Paypal
Zip pay
Meta (facebook)
Alibaba
Tesla

These companies have fallen near 50% and so has the crypto market.

Google and amazon have an unconfirmed trend at the moment however i highly predict they will make a new low on the weekly. How far will we drop no one knows. However you can look at this as opportunity to get some great buys coming up in all markets.
Invest safely
Comment:
50% crashes
Comment:
Covid 2020 fell 30%
Comment:
1987 Crash
Fell 35%
Comment:
1973 Crash FELL 50%
Comment:
1930 CRASH
FELL 90%

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