TradingView
AMPlifiedtrader
Mar 6, 2017 11:11 PM

S&P 500 Macro View 

S&P 500 IndexTVC

Description

Seeing a similar setup as to what took place in May 2013. The only "true reversal" candles to be seen in this uptrend with 20+ point wicks on the weekly. Not calling "THEE top" by any means, but can see a good chance of a 100 point retrace like what was seen in May 2013 which took place over a period of 5 weeks. Just something to keep in mind when looking at the big picture.
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