SwissMail

Housing Crash 2.0 Coming?

Corto
SwissMail Actualizado   
OANDA:SPX500USD   Índice S&P 500
Chat buddy pointed out similarities to 2008 PA just prior to the infamous crash

So here's a chart attempting to overlay the same bar pattern from 2008 onto the current PA and trend

As you can see the overlap is remarkable...

Also included are a longterm fib retracement on the major uptrend and a fib extension on the minor downtrend

I will be honest this is more bearish than I expect, but it's an interesting idea and price levels anyway
Operación activa:
CPI delusions give bulls some room to deviate up...

but the good news is we could get major and minor fib extensions confluence on start of QE level


Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.