It appears current times are very uncertain, easy to get lost in too many indicators Let's take a look again at some known patterns, again 1929 Like a magnet...pushing up and down SPX with a very similar pattern even in the two recent spikes up.
Let's test the model now, which suggest a dramatic drop to 2500 area by October 20th.
Don't forget that people, under stress, tend to repeat the same behavior Very curious to follow this one
By the way - if I had to look at some specific indicator, VIX is suggesting that all the bears are still around, alive and kickin' So I believe 2500 will be our new target within the next 20 days.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.