fract

SP500 Double Channels

AMEX:SPY   SPDR S&P 500 ETF TRUST
Relating common behavior with fibonacci channels on log scale.
Interconnectedness:

Top of housing crisis fall ⇨ Current ATH (0 line - direction)
Bottom of housing crisis (1) sets the related range projecting into future.

Also considering different tilt:
Top of precovid crash ⇨ Current ATH
Bottom of Covid19 crash (1)
And its derivatives 1.236 +


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