SPX500 technical analysis shows bearish divergence in 12 month chart which could mean a hidden depression coming. With possible war in middle east and market uncertainty due to BRICS power overtake, the US dollar and therefore US companies could face a big loss driving the SPX500 to a sudden drop which could last for some years like the 1st great depression.
As all good traders and investors know, history tends to repeat itself. What do you think ?
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