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S&P 500 Log Chart - God View v2

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The S&P 500 is a linear instrument for making money. If we examine this index on the log scale, we derive a historical price channel that can call recessions/depressions. We are close to a huge resistance line. Zoom in for clarity!
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Melt up to Genesis Trendline during the most extended cycle in history yet!
Nota
Melt-Up still in progress with price targets as described based on time (Earliest sequence: 7000 EOY).
ILuminosity
Beyond Technical AnalysisChart PatternsgspcindexINXSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) SVXTrend Analysis

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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.
Beyond Technical AnalysisChart PatternsgspcindexINXSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) SVXTrend Analysis
ILuminosity

Penerbitan berkaitan

Penafian

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.