SPY - From Outter Space - Dead Man Walkin'

I hope this farther out view helps some people.
I see a repeating upward channel/wedge that lasts for years. When the bottom of pink channel is broken, long term downtrend begins.
The blue wedge is coming to a point in 2022. There is NO way it lasts that long.
Multiple indicators are pointing to exhaustion.

Please feel free to comment, ask a question, throw up a chart, like, or follow. I appreciate all comments.
I am not a financial advisor. This is my opinion and based on what I do.

Commentaire:

Story " The ‘mother of all bubbles’ could blow up the economy if profits don’t improve, warns Blackstone strategist "

www.marketwatch...gist-2019-11-04?siteid=yho...