S&P 500Short
$SPX 2000's vs 2020's
They don't overlap perfectly, but I noticed a distinct similarity between the DotCom bubble/bust fractal and the current SPX chart, which I have referred to here as the BidenBust just because of the alliteration (and CoronaCrash was already taken back in 2020). Additional similarities include the Tech sector suffering heavy losses, significant geopolitical conflict (9/11 and Ukraine), and trading firms who used backdoor accounting had competitor buyout offers fall through before declaring bankruptcy (Enron and FTX).
SPX chart, which I have referred to here as the BidenBust just because of the alliteration (and CoronaCrash was already taken back in 2020). Additional similarities include the Tech sector suffering heavy losses, significant geopolitical conflict (9/11 and Ukraine), and trading firms who used backdoor accounting had competitor buyout offers fall through before declaring bankruptcy (Enron and FTX).
Made w/ ❤ by @BarefootJoey ✌💗📈
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Made w/ ❤ by @BarefootJoey ✌💗📈
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.