SP500 - Big Picture - Watch out - Dangerous emotional sequence
- The trading dynamics since June 2014 display a market under constraint that can't move higher overall.
- It is only showing strength within explored price range.
- This last leg up reminds me of the Squeeze that we had end of June 2011, the crash occured 3 weeks later.
- It is only showing strength within explored price range.
- This last leg up reminds me of the Squeeze that we had end of June 2011, the crash occured 3 weeks later.
Well you have your answer: Yes Ex post:)
I think it starts from here: the question: can it fall below 2000 this week and reach 1940.