Will History Repeat Itself Again?
Many analysts and investors are shouting for a bear market in 2019.
However, this indicator says otherwise.
For the past 4 occurrences, the S&P bounced and rallied higher.
It happened in 2002, 2009, 2011 and 2016.
Will history repeat itself again in 2019?
We are seeing a lot of interesting phenomenon from a macro analysis perspective going into 2019.
Make sure you follow us on TradingView to get updated whenever we share a new insight of the market.
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
However, this indicator says otherwise.
For the past 4 occurrences, the S&P bounced and rallied higher.
It happened in 2002, 2009, 2011 and 2016.
Will history repeat itself again in 2019?
We are seeing a lot of interesting phenomenon from a macro analysis perspective going into 2019.
Make sure you follow us on TradingView to get updated whenever we share a new insight of the market.
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.