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davec83
2018年4月20日早上4點34分

S&P 500 INCREDIBLE FRACTAL - 1987 vs NOW 

S&P 500SP

描述

Chart comparison between 1982-1987 to 2014-2018. A large correction is likely to come sooner rather than later.

Thumbs up if you agree!

What do you think? Please leave a comment.

評論

*** Not intended as trading advice. Just an observation.

評論

This could be playing out right now...
評論
ChartArt
The Nikkei fractal so far failed to repeat:

ChartArt
So we are going to get a massive short squeeze instead, when everyone knows about the downside risk? :D

ChartArt
If we have a falling wedge pattern, odds would favor the bulls and explain the scenario above:

ChartArt
The S&P 500 needs to stay inside this uptrend channel though to breakout to the upside after completing the falling wedge pattern.



Otherwise the 1987 scenario is more likely,
davec83
@ChartArt, yes I see that, but eventually that pattern will break downwards. Based on what I'm seeing, I think that will happen sooner rather than later. Good charts thought! I appreciate your comments.
ChartArt
@davec83, I'm leaning bearish as well. I'm sharing these charts to stay objective.
ChartArt
Related idea of a bullish reversal scenario:

davec83
@ChartArt, yes of course, it could turn out to be a falling wedge pattern.
ChartArt
This could be in the future the reason, why the S&P 500 could rally even higher. If both the crash doesn't start in May-June 2018:

ChartArt
@ChartArt, I wanted to say: If both rally.
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