pursuitofwealthgroup

March 2020 bubble and bull cycle going to resemble dot com BUST?

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
If the dot com boom and bust monthly downtrend has any resemblance to this past bull run from march 2020 this is what we could expect in terms of a monthly downtrend and 5 wave structure keep in mind we havent been in a monthly downtrend on SPY since 2008. Again this is not to be taken as investment advice this is just past data that we can use as a blue print on what to watch for and timelines etc. it may only be 80 or 60% correct but anything over 50% is good odds to be looking out for:


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