MoneyPatterns

SPY - From Outter Space - Dead Man Walkin'

Singkat
MoneyPatterns Telah dikemas kini   
AMEX:SPY   SPDR S&P 500 ETF TRUST
I hope this farther out view helps some people.
I see a repeating upward channel/wedge that lasts for years. When the bottom of pink channel is broken, long term downtrend begins.
The blue wedge is coming to a point in 2022. There is NO way it lasts that long.
Multiple indicators are pointing to exhaustion.

Please feel free to comment, ask a question, throw up a chart, like, or follow. I appreciate all comments.
I am not a financial advisor. This is my opinion and based on what I do.
Komen:
Story " The ‘mother of all bubbles’ could blow up the economy if profits don’t improve, warns Blackstone strategist "

www.marketwatch...gist-2019-11-04?siteid=yho...

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.