The bears are now completely in control of the price. A possible setup for the bears is creating multiple lower highs on the downtrend.
The bullrun started in March 2009 had resulted 305% in profit over 115 months. It is now 293 a possible top of the bullrun.
Major support: 182, a real battle will begin if SPY get there, but that will not be the case in 2019. We are looking for a bear market that can last multiple years from now.
The end of this major bear market will be somewhere in 2021.
The bullrun started in March 2009 had resulted 305% in profit over 115 months. It is now 293 a possible top of the bullrun.
Major support: 182, a real battle will begin if SPY get there, but that will not be the case in 2019. We are looking for a bear market that can last multiple years from now.
The end of this major bear market will be somewhere in 2021.
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