FX:SPX500   S&P 500 index of US listed shares
336 3 6
Daily view - notes on chart.
2 years ago
really is 5 months playing out right now, something has to show itself.
KLang PRO claydoctor
2 years ago
Maybe. Maybe not. Look at IWM ALL LAST YEAR. There's no reason SPX couldn't do the same thing.
+1 Reply
claydoctor KLang
2 years ago
your right on IWM. Was looking at 2008/09 oil charts, looking very similar (but these are different times) and it went up from here/then , and also DXY coming down, but... inflation worries me the most, 2% minus oil, and if oil breaks higher (and it might not), disinflation or deflation speak ends, higher wages feared by FED, and wasn't that the trigger? FED HAS TO Raise talk could be all we hear. Earnings are so so for now too. I know you don't factor in most of this, but I think it will all effect the charts if some of this happens. But who knows, its all noise.
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