Top of 7 years of bull market signal on SPY (SP500)
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SPY signals very possible end of 7 years bull market. Connect the 2 monthly highs of 2007 just before the financial crisis broke out, with a trendline, and see it get hit by the top of 2015, followed by a year of topping out on SPY/SP500, and then, last week, on the 13th December when it was hit the 4th time. This also marks what i believe could be the 5th leg of a EW move. So 2017 could be "welcome to the bearmarket". A coming/luring crisis in the bond market could serve as first trigger. #SP500 #debtcrisis #assetbubble #currencycrisis #zeroprocentinterestratefortoolong #dontsayididntwarnyou