S&P major historical retracement coming Short

US SPX 500OANDA

Description

⋅ Apr 15, 2022 1:50 AM

If you use the bars pattern to cut out the 2008 crash and paste it onto the current S&P500 chart, it looks like this. So far it's been tracking very similarly and given the current macro situation of war, Fed QT and rate hikes, plus major shortages in almost every country. RIP bull market 2009-2022.

Trend Analysis S&P 500 (SPX500)

Comments

kh_49

⋅ Apr 27, 2022 7:12 AM

hi
Can I get the name of the indicator.?

rickykwok_

⋅ Apr 17, 2022 7:41 AM

i also think 2800 too

Autisticcheddar

⋅ Apr 16, 2022 3:15 AM

Relax and just enjoy they ride down into the 4100's.

DaddySawbucks

⋅ Apr 15, 2022 11:45 PM

Mid-May would be about when Putin nukes Kiev to win his evil war. That would do it.

DaddySawbucks

⋅ Apr 15, 2022 11:17 PM

1k pips in May would be amazing... puttrading millionaires

darrenlall

⋅ Apr 15, 2022 8:11 PM

Good Catch!

mjcpaull

⋅ Apr 15, 2022 5:26 AM

Big call - down 37.5% from 4400 (current level) by August .... that's a huge move

btaylorrunner

⋅ Apr 15, 2022 4:37 AM

Wrong year. That will be next year after BTC reaches 280k and the Dow tops 40k.

Liquor_and_Leverage

⋅ Apr 15, 2022 1:55 AM

Long Volatility