Billhinge

Future of SPY based on monthly bars Bear Market on horizon?

AMEX:SPY   SPDR S&P 500
This is SPY             plotted in monthly bars since 1994 to 2022. I have used a Schiff Pitchfork for Median line analysis. All prices should oscillate around median price until trend breaks. The current trend has held since 2010 and prices have been arcing away from median since. However, rate of growth is slowing and could turn negative in next couple of years. Interesting taking pitchfork pivot in 2009 or 2010 gives similar results
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out