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KrunchieKilleen
Jan 17, 2018 10:01 AM
Indexes peak and will fall
Short
AMEX:SPY
1M
SPDR S&P 500 ETF TRUST
Arca
Description
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Jan 17, 2018 10:01 AM
Chart shows ETFs based on S&P, DOW and NASDAQ. All have reached an unsustainable peak, from which a fall in the order of 20% is likely.
Chart Patterns
Comments
KrunchieKilleen
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Jan 19, 2018 5:45 PM
There is nothing so far to indicate that the surge is over. However, the next ten days will see some investors taking profit, as the market typically dips in February. This could be the trigger that causes recent investors to panic.
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