Similarities to SPX 1/21/08
Similarities between 1/21/08 & 12/26/18:
-SPX dropped 19%
-200MA bounce
Potential next moves:
-Retest of 200MA (could happen more than once)
-50% retracement from recent highs. Note this took 119 days and SPX gained approx 13.3% during this time before falling much further into the bear market.
History does not always repeat itself. But similarities in price action is interesting none the less.
-SPX dropped 19%
-200MA bounce
Potential next moves:
-Retest of 200MA (could happen more than once)
-50% retracement from recent highs. Note this took 119 days and SPX gained approx 13.3% during this time before falling much further into the bear market.
History does not always repeat itself. But similarities in price action is interesting none the less.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.