Indice S&P 500Mis à jour Weekly 'composite index' RSI signals sell - 2000 repeat coming?
Combined market indices divided by DXY has accurately signaled market expansion and contraction for more than 30 years. In the 'Internet Bubble' timeframe, although a RSI sell signal occurred, the market regained lost ground in 2000 prior to a multi-year sell-off. We see a similar run-up, sell signal, recovery now.
Is this time different? Or will we see a decline beginning January-February 2025.
Is this time different? Or will we see a decline beginning January-February 2025.
Trade fermée: cible de profit atteinte
Although we initially followed this pattern, we have broken out of the pattern for a new ATH on this chart.
Note
Watching this closely... it would have be a sizable pullback to drop back into the red box. Possible but not likely.
Clause de non-responsabilité
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