Get started
ntourney777

Uncanny relationship to 2008 Dead-cat bounce

S&P 500 Index (SP:SPX)  
ntourney777 Updated   
SP:SPX   S&P 500 Index
Trend Analysis Chart Patterns Technical Indicators
2
0
trendanalysis chartpattern indicator
An uncanny relationship to the start of the 2008 crash to the current downswing we're seeing, starting off by being exactly a 20.3% market correction. Im not predicting the future, but I'll put some money on it.
Trade active:
Comment:
Think we still have a bit to go up to the 200MA/ top support of 2688. Not adding to position until we reach there.

snapshot
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.