Don't try buy the dip!! it can go lower!

Hello guys.
this is logarithmic view of weekly SPX.
and as you can see , s&p 500 has a big bubble . I think it is not time to buy in this atmosphere.
pay attention to Fed speech this week and then decide .

if Fed speed up rate hikes, SPX can reach to low of this channel in 1-2 months.

thanks for your likes :)