SPX has produced very little headway relative to the money supply (M2) As history has shown we are likely to see a massive move lower after double topping that could test Covid lows or worse.
Remember no one chart is the holy grail of analysis. This is just one chart.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.