Turmoil is already priced in! Resistance is Futile!
Shocking, I know! Thankfully, I've figured things out for all of us in the nick of time.
Sitting around this evening, while smoking copious amounts of cannabis I suddenly grew exceedingly uneasy about the uncertain future of our economic state. Well, after a few more rips of the pipe, consoling with my tarot...
Uuuhm..
Is nobody noticing this like at all?
Patternwise doesn't that look like pretty much the worst thing in the world?
I don't know much about the fundamentals of american economy (or about economy in general lol), so maybe everybody is just relaxed because of reasons that i don't understand, but from a pure TA point of view looking at the chart, shouldn't you...
More of an update to my last S&P 500 chart than a chart in its own right, I've left out the drawings already in the previous one. Looking at today's trading, a very short-term double-top looks likely (probably more of a retest than a double-top really). This could in turn confirm the slightly longer term double-top (triple-top?) that's been forming over the last...
