KrunchieKilleen
Short

S&P Parabola Top reached

FX:SPX500   S&P 500 index of US listed shares
150 0 1
I venture that the top of the parabola has been reached. Given the wide acknowledgment that share prices are inflated and that interest rates must rise, the downturn could be dramatic, as in dotted line A. However, going by previous patterns, we may see a double or treble peak at the parabola top, before the great downturn.
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