SPY bearish in following 1-2 years
History repeats...
Look what happened from 2000-2009. I took that market behavior and copied it to scenario that is happening now. Its exactly same, we are waiting on fake breakout at the top around 474-490(maybe 500) and then drop to area around 353-320.
Thats around 2 years or downtrend if confirmed and -28%.
Look what happened from 2000-2009. I took that market behavior and copied it to scenario that is happening now. Its exactly same, we are waiting on fake breakout at the top around 474-490(maybe 500) and then drop to area around 353-320.
Thats around 2 years or downtrend if confirmed and -28%.
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