DHLawrence

SPX - covid crash pattern.

Short
AMEX:SPY   SPDR S&P 500 ETF TRUST
Not a whole lot has changed in the world since the covid crash... still looking at an inflated market bubble desperate for a correction. Will the masses of Euphoric investors turn to a fearful herd of panic sellers on the ride down?

This bars pattern is from the covid crash, overlaid on the current correction. I see an uncanny resemblance between the patterns especially the last couple days... do you?

Maybe this is where we are headed?
Maybe the euphoric investors have more money in their savings to add liquidity to this market and run things back up.
Maybe the Fed, and all the big smart money players will intervene and stop the crash?

This has been an exciting week, and I gather that most people out there think the excitement and volatility is just getting ramped up, leading into the US election.


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