S&P 500 Index
שורט
מעודכן

Is SPY behaving identically to what happened in November 1973?

Ok hear me out, I believe that today's price action in the year 2023 is eerily similar to what has happened in November 1973. I am not saying that is what will happen today but I can't shake the feeling that this is what will likely happen.
הערה
Today's price action in the year 2023

תמונת-בזק
הערה
After the triangle broke in 1973 a massive 40% drop ensued.

תמונת-בזק
הערה
The same 40% drop today would take us to the monthly 200sma

תמונת-בזק

כתב ויתור