SPX - A major bear could be waiting

Simply making a comparison to the time after WW1. We saw two major corrections, before a meteoric rise in the markets. We all know what happened next. The great depression. Now I am not saying we are about to experience potentially one of the worst bear markets since the great depression, I am simply saying that its possible and YOU should be factoring it into your thought process. You must understand that being a bear or bull is only relative to the timeframe in question. Professionals are realists and chartist. We let the charts tell us what could happen, and we use our analysis to determine our own probabilities on each scenario.

Remember, history rhymes..

评论:

Well over 1 year ago, I made this post just to show the similarities in price structure and how we could see a blow off top again before we started to see the move down.

Back in the 1920's we pushed a 20% blow off top.

Now in the 2020's we pushed a 25% blow off top.

Remember, if we dont see a swift collapse in the markets, we will see it play out in time. Which means long drawn out ranging price action for years.

What will happen next?

No one knows. Alls we can attempt to do is assess all scenarios - and this is one of them - a big one.