A Slow Painful Death for SPY
Connecting some trend lines progressively, a potential mapping of retraction is laid out for the S&P 500.
Being forced to have SOME consequences for the actions taken last year, but also recognizing a full-on crash is being avoided at all costs, even manipulation, we can see a slow painful path to the 3500s being laid down before us.
Obviously subject to change, but seems to make sense and fall in line with most predictions regarding the matter.
-FIB
Being forced to have SOME consequences for the actions taken last year, but also recognizing a full-on crash is being avoided at all costs, even manipulation, we can see a slow painful path to the 3500s being laid down before us.
Obviously subject to change, but seems to make sense and fall in line with most predictions regarding the matter.
-FIB
The prediction is in...
= FIB
= FIB
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.
The prediction is in...
= FIB
= FIB
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.