I am not bullish yet
In this chart we have 3 arrows, first horizontal - how much time take the crisis from 2009 (make a new ATH), second horizontal - how much time take until the bottom in 2009 crisis, vertical - how much decrease SP500 in 2009 crisis.
Now we have a break out from downtrend, but I am not convinced yet that we test correct this out and i think that is very easy to be transformed into a fake out.
But, that not means that SP500 will continue to decrease! We could be very easy just in a flat. What I want to say is just: Be carefull, not spend all your liquidity yet, we have in our front eyes a lot of major events which could courve the graph.
Now we have a break out from downtrend, but I am not convinced yet that we test correct this out and i think that is very easy to be transformed into a fake out.
But, that not means that SP500 will continue to decrease! We could be very easy just in a flat. What I want to say is just: Be carefull, not spend all your liquidity yet, we have in our front eyes a lot of major events which could courve the graph.
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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.