brian7683

SPX Bearish case. Will history repeat?

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SP:SPX   標準普爾500指數
I'm a bullish trader but the TA on this chart shows a pretty bearish scenario.

The patterns look very similar to 2000 and 2008 crash.

We broke down the support trendline in May 2022.

Could it be pain until mid 2024? I REALLY do not hope so!

We can hope for a relief rally by September 2022 to touch the trendline and confirm the bearish pattern.

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