S&P 500 IndexShort
SPX: The 6 Month Bearish Engulfing Candle
Only two other times in history have we seen a 6 Month Bearish Engulfing Candle:
1929: -84.15% from ATH
1973: -49.93% from ATH
Needless to say, the long term bottom on SPX has yet to be found. Note the decrease in volume during this insane SPX bull market rally. Regardless, I believe a bear market rally is incoming as we approach closer to the America Midterm Elections
1929: -84.15% from ATH
1973: -49.93% from ATH
Needless to say, the long term bottom on SPX has yet to be found. Note the decrease in volume during this insane SPX bull market rally. Regardless, I believe a bear market rally is incoming as we approach closer to the America Midterm Elections
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Disclaimer
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.