timwest

SPDR S&P500 ETF SPY Monthly Current Bull Mkt versus previous two

AMEX:SPY   SPDR S&P 500 ETF
235 1 9
We've gone up a long way and without much in the way of economic growth.

This chart is simply to highlight how far the SPY             has gone and how previous big moves have unfolded.

My forecast based on this chart is 'watch out' and use new highs to liquidate long positions.

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I forgot to do this in log-scale mode. Sorry.
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