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SPDR S&P 500 ETF TRUST
Atualizado

could see a 12-week correction, then rocket, then crash

315
potential pathway we could follow. Would be like the sep 2018 correction. We have bearish div on weekly RSI. This would make a nice, massive bearish div on RSI. On the other hand, this could be it and we could go to the bottom of the megaphone over 1-2+ years with this one
Nota
I've realized the depiction of the correction is too big. It should only be down to the megaphone line. The RSI can still get very low with two big down weeks in a row. Then I expect a grind higher until near the end of the year.
Nota
I think that may have been the entire "correction" haha. This market is bonkers.
Nota
playing out well, looking for the bounce at 366 first. That may be the entire correction at that point.
wordsforthewise
Beyond Technical Analysis

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Beyond Technical Analysis
wordsforthewise

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.